Showing posts with label scandal. Show all posts
Showing posts with label scandal. Show all posts
22 February 2017
19 January 2017
S. Koreans' ties with Samsung are lifelong, often conflicted
The family smartphones? An assortment of Samsung Galaxies. The
flat-screen TV that illuminates the living room? A Samsung SUHD, with
the brand name sparkling on the nameplate. The maker of the digital
toilet seat? You guessed it: Samsung.
It's difficult for people outside South Korea to fully grasp what Samsung, a truly global brand, means inside its home country, where it is far more than just another big company. It is seen variously as both a talisman and a millstone, as national savior and greedy business behemoth. Those diverse views only intensified Thursday when a court rejected prosecutors' request to arrest Samsung heir and Vice Chairman Lee Jae-yong in the corruption scandal surrounding impeached South Korean President Park Geun-hye.
Tags:
allegation,
arrest,
bribery,
bribery case,
case,
Lee,
Lee Jae-yong,
Park Geun-hye,
Samsung,
Samsung Electronics,
scandal,
Seoul,
South Korea,
South Korean
Court denies a request to arrest Samsung's de facto head
A Seoul court on Thursday denied a request to arrest one of South
Korea's most powerful men, the heir to the Samsung Electronics
juggernaut, in a setback to prosecutors investigating an
influence-peddling scandal that toppled South Korea's president.
The Seoul Central District Court said that a judge concluded that there was not enough justification to detain the 48-year-old billionaire Samsung vice chairman, Lee Jae-yong, at this stage.
Tags:
allegation,
arrest,
bribery,
bribery case,
case,
court,
Lee,
Lee Jae-yong,
Park Geun-hye,
Samsung,
Samsung Electronics,
scandal,
Seoul,
South Korea,
South Korean
16 January 2017
South Korea seeks arrest of Samsung scion in graft scandal
In a departure from the leniency typically given South Korean big
businesses, prosecutors on Monday requested the arrest of the de facto
head of Samsung Electronics, the country's most valuable company, in an
influence-peddling scandal that has toppled the country's president.
Lee Jae-yong, the 48-year-old vice chairman at Samsung Electronics, faces allegations of embezzlement, of lying under oath during a parliamentary hearing and of offering a bribe of 43 billion won ($36 million) to a long-time friend of impeached President Park Geun-hye, according to Lee Kyu-chul, a spokesman for a special prosecutors' team investigating the political scandal.
Tags:
allegation,
arrest,
bribery,
bribery case,
case,
Lee,
Lee Jae-yong,
Park Geun-hye,
Samsung,
Samsung Electronics,
scandal,
Seoul,
South Korea,
South Korean
5 April 2016
Panama lawyers at center of offshore scandal make odd couple
The
lawyers at the center of an uproar over the hidden financial dealings
of the world's wealthy are an odd pairing of a German-born immigrant and
a prize-winning Panamanian novelist whose books sometimes mirror the
seedy world of politics he's come across in his work.
In a nation that for decades has been tainted by allegations of money laundering on behalf of drug traffickers and corrupt oligarchs, the polyglot lawyers who founded the Mossack-Fonseca law firm established themselves as the leaders among a plethora of firms in Panama dedicated to creating shell companies to stash wealth overseas.
In a nation that for decades has been tainted by allegations of money laundering on behalf of drug traffickers and corrupt oligarchs, the polyglot lawyers who founded the Mossack-Fonseca law firm established themselves as the leaders among a plethora of firms in Panama dedicated to creating shell companies to stash wealth overseas.
26 January 2016
Malaysian PM cleared of wrongdoing in $700 million scandal
Malaysia's attorney general said Tuesday that nearly $700 million
channeled into Prime Minister Najib Razak's private accounts was a
personal donation from Saudi Arabia's royal family, and cleared him of
any criminal wrongdoing.
The announcement by Attorney General Mohamed Apandi Ali capped months of uncertainty for Najib, who has been fighting intense pressure to resign over the financial scandal in his biggest political crisis since he took power in 2009.
Tags:
crisis,
financial scandal,
kuala lumpur,
MALAYSIA,
Malaysian,
Malaysian PM,
Najib,
Najib Razak,
PM,
Prime Minister,
scandal