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Samsung Group chief arrested over corruption scandal in South Korea

Samsung Group chief arrested over corruption scandal in South KoreaSamsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea.

This is reported by Reuters.

The 48-year-old Jay Y. Lee was taken into custody at the Seoul Detention Centre after waiting there overnight for the decision.

Lee is a suspect in the influence-peddling scandal that led parliament to impeach President Park Geun-hye in December.

Lee's arrest gives a boost to prosecutors who have zeroed-in on Samsung Group to build their case against President Park and her close friend Choi Soon-sil, who is in detention and faces charges of abuse of power and attempted fraud.

Prosecutors have focused on Samsung's relationship with Park, 65, accusing the group of paying bribes totalling 43 billion won ($37.74 million) to organisations linked to Choi to secure government backing for the controversial 2015 merger of two Samsung units, a deal that was seen as key to smoothing Lee's succession.

If parliament's impeachment is upheld, an election would be held in two months. In the meantime, Park remains in office but stripped of her powers.
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