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Samsung boss Jay Y Lee denies corruption charges as trial starts

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By Euronews
Samsung boss Jay Y Lee denies corruption charges as trial starts

<p>Jay Y Lee, the head of South Korea’s Samsung Group, is denying all the bribery, embezzlement and other charges in a corruption scandal.</p> <p>The denial came came from Lee’s lawyer at the start of his trial which is part of the influence peddling allegations against South Korea’s President Park Geun-hye. </p> <p>During a preliminary hearing, which Lee did not attend, the defence challenged prosecution claims that he had given orders for bribes to be paid. </p> <p>In his only public statement, in January, Lee said: “I apologise to the South Korean people for revealing something which is not positive through this incident.” </p> <p>The prosecution case is that Lee and other top Samsung executives paid money as bribes to a close friend and adviser to the president. </p> <p>It is alleged that was done to get government support for a big restructuring of South Korea’s biggest company that made it easier for Lee to take full control. </p> <p>The trial is expected to last three months.</p> <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Meet the “Grim Reaper” prosecutor taking aim at Samsung's Jay Y. Lee <a href="https://t.co/i1msWtZxiz">https://t.co/i1msWtZxiz</a> <a href="https://t.co/MWE0UU9r81">pic.twitter.com/MWE0UU9r81</a></p>— Bloomberg (@business) <a href="https://twitter.com/business/status/837594986447261696">March 3, 2017</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>Lee is not the only powerful business leader ensnared by the investigation. </p> <p>Chung Mong-Koo, the chairman of the Hyundai Motor Group, is among the heads of South Korea’s top companies questioned over the corruption scandal.</p>