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.
Seoul/Sputnik/IBNS: Chairman of Samsung Electronics Co. Lee Kun-hee has died at the age of 78, the company said in a statement.
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.
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.
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.
Seoul, Nov 8 (IBNS): South Korean prosecutors on Tuesday raided several Samsung offices in the country, a BBC report said.