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South Korea prosecutors expand charges against Samsung chief

South Korea prosecutors expand charges against Samsung chiefSouth Korea’s special prosecutor’s office on Wednesday has expanded charges against Samsung Group chief Jay Y. Lee to include hiding the proceeds of a criminal act.

Lee, the third-generation leader of South Korea's top conglomerate, has been identified as a suspect by prosecutors in an influence-peddling scandal that led to impeachment of President Park Geun-hye.

The decision to add extra charges, which included hiding assets overseas, was made after a Seoul court denied prosecutors' first attempt to secure an arrest warrant for Lee last month, a spokesman for the special prosecutor's office said.

"For three weeks, we secured additional evidence that we can be sure about, and after careful deliberation have requested (an arrest warrant) for the second time," spokesman Lee Kyu-chul told reporters without elaborating.

A Seoul court said on Tuesday it would hold a hearing on Thursday to decide on the prosecution's request for warrants to arrest Jay Y. Lee and Samsung Electronics Co Ltd President Park Sang-jin for bribery and other charges.

Lee and the Samsung Group have denied any wrongdoing.
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