South Korean court denies arrest warrant request for Samsung heir

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A South Korean court turned down the request for an arrest warrant for Samsung Group heir Jay Y. Lee, providing temporary relief for the vice chairman of Samsung Electronics

The ruling provided temporary relief for the vice chairman of Samsung Electronics. But he may face further pressure from the case at a time when the world’s top maker of smartphones and memory chips contends with the impact of the COVID-19 pandemic on demand.

They said the fraudulent accounting, and alleged stock manipulation, helped facilitate Lee’s plan to assume greater control of the group. Prosecutors called the decision regrettable, saying their investigation would proceed nonetheless. They may decide to reapply for the arrest warrant request for Lee, after further investigation, or bring Lee to trial without arrest.

The merger was seen as key to Lee increasing control of the sprawling group but critics say it rode roughshod over the interests of minority investors.

 

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🤔 What the hell are those things that the women are showing the dude walking at the beginning of the video? Are they like soft drinks or something 🤔? confused perspective iknow

so, its not illegal now? or...?

Deep pocketed connections and mutual government wrongdoings to curry favors.

Just as corrupt as America I see

Topdown thieves at Samsung.

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South Korean court denies arrest warrant request for Samsung heir Jay Y. LeeA South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation, the court spokesperson said in a statement. This is what true meritocracy looks like. Not the cesspool like USA. AskAKorean Looks like my Samsung boycott will continue. Money talks and money walks.
Source: Reuters - 🏆 2. / 97 Read more »

South Korean Court Denies Arrest Warrant for Samsung’s Lee Jae-YongSamsung’s de facto leader, Lee Jae-yong, avoided a second stint in jail when a Seoul district court judge rejected South Korean prosecutors’ request to arrest the business tycoon for committing financial fraud in a 2015 intra-conglomerate merger. Look at Bloom energy BIG FRAUD! Colin Powell is on the board.... biggest fraud in Silicon Valley! Rabbit Hole is DEEP! INVESTIGATE!!! It will be the biggest story of the year! I promise! INVESTIGATE! prayingmedic realDonaldTrump 3days3nights laralogan BREAKING: Bejing says that China plans on putting more tariffs on $20 billion worth of US goods in response to US actions against China. 'Equality does not exist in nature...'~Kuehnelt-Leddihn
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