Lee Jae-yong, Samsung's de facto leader, has been arrested on corruption allegations.
Lee will be held in a detention center pending an investigation that he allegedly pledged tens of millions of dollars to win favor with President Park Geun-hye. He allegedly tried to secure government support for a controversial merger.
He's accused of bribery, perjury, concealing criminal profits, embezzlement and hiding assets overseas.
Read more from
CNN.
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