Lee Jae-Yong, Samsung Electronics vice chairman and the son of Samsung group chairman Lee Kun-Hee, has been quizzed multiple times over his alleged role in the scandal that has rocked the nation.
Lee narrowly avoided being formally arrested last month when prosecutors accused him of bribing Park's confidante to the tune of nearly USD 40 million.
A Seoul court rejected the arrest warrant on grounds of insufficient evidence.
"We have requested an arrest warrant on Lee Jae-Yong," prosecutors said Tuesday without elaborating.
The scandal centres on Park's confidante Choi Soon-Sil, who is accused of using her ties to the president to force local firms to "donate" nearly $70 million to two non-profit foundations which Choi allegedly used for personal gain.
Samsung was the single biggest donor to the foundations. It is accused of separately giving millions of euros to Choi and her daughter in a bid to secure policy favours from Park in return.
Lee -- who has effectively taken the helm of the group since his father suffered a heart attack in 2014 -- is described as a key figure in the scandal.
Prosecutors are investigating whether Samsung's payments to Choi were aimed at securing state approval for the controversial merger of two Samsung units in 2015 -- seen as a key step towards ensuring a smooth power transfer to Lee from his father.
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