Friday, March 29, 2024

Samsung leader faces arrest in South Korea

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Samsungs past several months have been pretty lousy, but theyre about to get much, much worse. South Korean prosecutors have announced that theyre seeking a warrant to arrest Samsung Vice Chairman Lee Jae-yong (aka Jay Y. Lee), the electronics giants effective leader, over accusations of bribery and other misdeeds. Investigators allege that Lee was involved in payments made to Choi Soon-sil, an ally of the countrys impeached President with cultish control, in a supposed bid to cl…
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