Apr 7, 2017

Samsung boss Lee Jae-yong goes on trial in South Korea

Lee Jae-yong denies charges of embezzlement and perjury. Mr Lee, who appeared in court in handcuffs, has denied the bribery allegations, saying Samsung was coerced into handing over the funds. Another four Samsung executives have also appeared in court in connection with the scandal. Mr Lee, the 48-year-old vice-chairman of Samsung Electronics, has been the parent company Samsung Group's de facto head since his father Lee Kun-hee suffered a heart attack in 2014. Samsung's sales alone make up a fifth of South Korea's gross domestic product.

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