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Title : Samsung chief faces bribery charges amid South Korea political crisis Tuesday Feb 28,2017
link : Samsung chief faces bribery charges amid South Korea political crisis Tuesday Feb 28,2017

Samsung chief faces bribery charges amid South Korea political crisis Tuesday Feb 28,2017

The heir to the Samsung empire and four other top executives from the world's biggest smartphone maker were indicted Tuesday Feb 28,2017 on multiple charges including bribery and embezzlement, South Korean prosecutors said.

"Special prosecutors today indicted Samsung Electronics Vice Chairman Lee Jae-Yong... for bribery, embezzlement, hiding of assets overseas... and perjury," said Lee Kyu-Chul, spokesman for the team probing the corruption and power abuse scandal that has seen President Park Geun-Hye impeached.

Lee, 48, was arrested earlier this month and the laying of formal charges against him and his colleagues makes them almost certain to face trial, casting new uncertainty over South Korea's biggest firm.

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