YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Samsung heir named as suspect in corruption probe

Posted online
The heir to the Samsung empire is now a suspect in the massive corruption scandal in South Korea, prosecutors say.

Samsung Vice Chairman Lee Jae-yong has been summoned for questioning over suspicions including bribery, CNNMoney reports. Jae-yong is expected to succeed his ailing father to lead Samsung.

The corruption scandal has put a magnifying glass on the ties between South Korea's political and business elites.

The scandal has caused large street protests. Last month, lawmakers voted to impeach President Park Geun-hye.

Read more from CNNMoney.

[[In-content Ad]]

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Crumbl Cookies

Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.

Most Read
Update cookies preferences