Samsung heir, other top executives, indicted on corruption allegations ars_ab.settitle(1050091)
Lee, the spokesman, said the case against President Park would be handed over to regular prosecutors with Park remaining a suspect, while signalling other conglomerates may also become involved in the investigation.
"Jay Y. Lee's main role was largely limited to a few things, such as building a good image of Samsung as the owner of the conglomerate, establishing solid network with his global counterparts and calling the final shots when cutting big acquisition deals in new growth areas", CEOSCORE'S Park said. Jay Y. Lee may only be Samsung's vice chairman by name, ever since his father's heart attack in 2014, he ran the Korean technology giant as its leader.
In return, Lee allegedly sought government approval for the contentious $8bn merger of two Samsung affiliates in 2015 - a move that would smooth his path to the top of the entire Samsung group. Vice Chairman Choi Gee-sung, who was indicted alongside Lee, and other executives at the strategy office are stepping down, with affiliates to be managed by their respective boards and CEOs instead.
In the meantime, the special prosecutor's probe into Park's former aide Woo Byung-woo still remains unresolved, though it is ready to be handed over to state prosecutors as from February 28. Three of them resigned on Tuesday following the announcement.
Following massive street rallies amid South Korea's biggest political corruption scandal, President Park approved the launch of independent counsel Park Young-soo's team last December before she was suspended of powers.
Nineteen indictments are expected, including those against five Samsung executives.
5 things you need to know about the BlackBerry KeyOne
A fingerprint sensor has been embedded into the space bar and the device comes pre-loaded with Blackberry Security Software . It sports an 8-megapixel front facing camera featuring f2.2, 1.125um pixel size and 84-degree wide angle/field of view lens.
The moves come as the country's Constitutional Court deliberates on whether to formally end Park's rule and trigger an early election to choose her successor.
Samsung also takes a special place in South Korea, where citizens sometimes call the nation the "Republic of Samsung" due to its widespread influence in everything from exports and jobs to health care, academics and more.
FILE - In this January 18, 2017, file photo, Lee Jae-yong, front, a vice chairman of Samsung Electronics Co. arrives for the hearing at the Seoul Central District Court in Seoul, South Korea.
Lee was said to have used the group to wield control over Samsung's various holdings and coordinate efforts, including government lobbying.
Bloomberg reported that in response, the Samsung has announced the dismantling of its Corporate Strategy Office which is a high-level decision making unit for the company, and has been linked to the current investigation. He was later convicted and then pardoned by a former president.
After acquiring Hibbert from the Charlotte Hornets earlier this month, the Bucks turned around and traded him to the Nuggets. Will Noel sign a max contract with Dallas only to have his injury history haunt him and his athletic game moving forward?
This defeat is the latest loss taken by Labour Party in what has been a stunning collapse of the party over the past decade. Andrew Gwynne MP, Labour's campaign manager, was visibly upset after the result was announced.
According to The Los Angeles Times , concern within the community prompted the Anaheim Police Department to investigate the case. After another teenager struck the police officer, the cop could be seen pulling out his gun and firing it into the air.
More details on tweaking you may expect next week, but the preliminary tweaking results that I have seen are impressive. The Ryzen 7 1800X scored the same in single-thread numbers, but edged the i7 in multi-threaded operations.
I do see this happen in my practice and it can lead to a patient being diagnosed later on, with more advanced disease. The research is the latest to show a steady increase in new diagnoses of colorectal cancer among adults under 50.
Minutes later, T-Mobile announced that thanks to the decision, it will begin rolling out LTE-U devices within a matter of months. The FCC said yesterday that it had authorized some LTE-U devices for use in unlicensed portions of the 5 GHz band.
Dressed in a attractive custom-made Atelier Versace gown complete with a feathered ombre train, Amal posed up a storm for cameras. I am so anxious to see what the future holds for us and a little anxious as we think about what lies ahead in the coming months.
Bryan, who shared the first round lead with Cody Gribble , made a mess of No. 13, but only took bogey after a key sand save. That would be Inbee Park, who hasn't played since she won the gold medal in the Olympics last summer in Rio.
According to Ankara, its military now controls a swath of territory 1,925 square kilometers in size, and numbering 230 districts. There are less than 100 ISIS militants hiding in al-Bab, according to The National .
India's GDP expands 7% in Q3
This comes as a pleasant surprise as demonetisation effect do not seem to have affected the GDP growth by much. Chief statistician T.C.A Anant said that it was hard to assess the full impact of demonetization.
Wilbur Ross confirmed to lead Commerce Department
The bank's former chairman, Vladimir Strzhalkovsky, is reportedly close to President Putin, a fellow former KGB agent. Twenty-one Democratic Senators joined with all of the Republicans in the chamber to approve Ross' nomination.
Transgender teenager Mack Beggs wins Texas wrestling title
In a previous tournament, two of Beggs' opponents forfeited rather than fight. "The thing is we want to wrestle each other". As for the hormone use, the state policy allows Beggs to compete because he's changing genders under the care of a doctor.
76ers announce Ben Simmons won't play this season
Simmons had surgery to fix a broken foot in early October and was initially expected to return by December or January. Colangelo fronted reporters on Saturday morning (AEDT) and broke the bad news for both Simmons and Sixers fans.
Stephen Curry goes ballistic, Warriors score 50 in 3rd quarter
James scored 18 points, pulled down 13 rebounds and handed out 15 assists for the 48th regular-season triple-double of his career. Once Golden State predictably started the third quarter strong, it got the final motivation it needed from the referees.
Opioid overdose deaths just jumped again
Four states - West Virginia, New Hampshire, Kentucky and OH - lead the nation with the highest overdose death rates, the CDC said. Adults ages 55 to 64 saw the biggest increase in drug overdose deaths over the course of the 16-year study period.
Jazz may be Interested in Trading for Deron Williams
It appears as though the Dallas Mavericks could be pretty active at Thursday's National Basketball Association trade deadline. After a flurry of National Basketball Association trade deadline activity, the Dallas Mavericks made one more move.
Sunday penalty rates out
Workers gathered outside the offices of the Fair Work Commission in Melbourne in the lead up to the announcement. Public holiday penalty rate for full-time and part-time employees will be reduced from 250 to 225 per cent.
Authorities: Suspect arrested in case of missing teacher
Tara Grinstead was last seen the night of October 22, 2005 when she attended a beauty pageant and barbecue in Fitzgerald, Georgia. The GBI said it received many leads through the GBI tip line over the years, and each credible tip was fully investigated.
Xbox Games With Gold March 2017: Evolve & More
Easily one of the strangest additions to the line-up is Evolve Ultimate Edition , which you can grab from 16 March until 15 April. Microsoft has today revealed March's Games with Gold titles for Xbox One and Xbox 360 and I'll be honest, I'm a little confused.