April 12, 2021 12:43 (IST)
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Deepika Padukone steps down as MAMI chairperson | India records 1,68,912 COVID-19 cases in past 24 hours, 904 deaths | Maharastra CM Uddhav Thackeray meets Covid-19 task force, no decision on lockdown so far | Telangana writes to Centre flagging Covid-19 vaccine shortage | UP govt restricts gatherings at religious places amid Covid surge

Corruption scam: Samsung heir Lee Jae Yong gets 2.5-yr prison term

Seoul/UNI: The de facto chief of South Korea's Samsung company Lee Jae Yong was sentenced to two-and-a-half years in jail over corruption charges on Monday.

Samsung Chairman Lee Kun-hee dies at 78

Seoul/Sputnik/IBNS: Chairman of Samsung Electronics Co. Lee Kun-hee has died at the age of 78, the company said in a statement.

Samsung heir appears in court for hearing on his arrest amid succession probe

Seoul/Sputnik/: Vice Chairman of Samsung Electronics Lee Jae-yong, the de facto leader of South Korea's largest conglomerate, Samsung Group, on Monday appeared in the Seoul Central District Court for a hearing on his arrest amid allegations of his involvement in a merger and accounting fraud in a bid to take over control of the group, media reported.

Samsung Heavy Industries Company Ltd agrees to pay $75 million in global penalties to resolve foreign bribery case

Washington/IBNS: Samsung Heavy Industries Company Limited (Samsung Heavy Industries), a South Korea-based engineering company that provides shipbuilding, offshore platform construction, and other construction and engineering services, has agreed to pay total penalties of more than $75 million to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) arising out of a scheme to pay millions of dollars in bribes to officials in Brazil.

South Korea Scandal: Probe committee questions Samsung boss

Seoul, Jan 12 (IBNS): The Probe committee in charge of the South Korean scandal, involving President Park Geun-hye, has interrogated Samsung boss Lee Jae-yong and has marked him as a suspect, media reports said.

Samsung offices raided by South Korean prosecutors

Seoul, Nov 8 (IBNS): South Korean prosecutors on Tuesday raided several Samsung offices in the country, a BBC report said.