Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 2

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  3. 3

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
  4. 4

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  5. 5

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  1. 6

    Seoul blanketed by heaviest Nov. snow, with more expected

    Seoul blanketed by heaviest Nov. snow, with more expected
  2. 7

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
  3. 8

    K-pop fandoms wield growing influence over industry decisions

    K-pop fandoms wield growing influence over industry decisions
  4. 9

    [Graphic News] International marriages on rise in Korea

    [Graphic News] International marriages on rise in Korea
  5. 10

    Korea's auto industry braces for Trump’s massive tariffs in Mexico

    Korea's auto industry braces for Trump’s massive tariffs in Mexico
지나쌤

Special prosecutors to decide on arrest warrant against Samsung heir as early as Monday

By KH디지털2

Published : Jan. 15, 2017 - 16:23

    • Link copied

Special prosecutors investigating a corruption scandal involving President Park Geun-hye and her friend said Sunday that they are close to deciding whether to seek an arrest warrant against the de facto leader of Samsung Group on bribery charges.

The prosecutors said the decision could come as early as Monday and said that they are in the "final" review process regarding the warrant, taking into account various factors, including the possible impact of the arrest of Lee Jae-yong, vice chairman of Samsung Electronics Co., on the country's weak economy.

"We plan to make a decision on whether to seek the warrant before a regular press briefing tomorrow (at 2:30 p.m. on Monday)," said Lee Kyu-chul, the spokesman for the probe team led by Independent Counsel Park Young-soo.

"We are taking into account all of issues raised so far, but the most important factor for us to consider is the law and principle," he added.

Lee Kyu-chul, the spokesman for the probe team, speaks to reporters (Yonhap) Lee Kyu-chul, the spokesman for the probe team, speaks to reporters (Yonhap)
Lee allegedly gave billions of won to various organizations linked to Park's confidante, Choi Soon-sil, in return for the government's backing of a controversial merger of two Samsung affiliates in July 2015. The group has acknowledged providing funds to the organizations but denied they were a bribe.

Lee was grilled by the special prosecutors for 22 hours until early Friday.

The charges under consideration include bribery and, depending on the source of the funds, embezzlement and breach of trust. Lee is accused of giving false testimony during a parliamentary hearing last month, during which he claimed to have "never" made donations expecting something in return.

Meanwhile, special prosecutors are poised to summon Culture Minister Cho Yoon-sun and Kim Ki-choon, former presidential chief of staff, possibly this week over the allegations that the Park administration had blacklisted certain cultural figures.

They have been looking into the suspicion that Cho and Kim were involved in the alleged creation and management of a blacklist intended to block dissident artists from getting state support. (Yonhap)

More from Headlines