Technology

South Korean prosecutors indict Samsung leader Jay Y. Lee on stock manipulation charge: official

• Bookmarks: 17


SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group leader Jay Y. Lee on charges of manipulating stock prices and breach of trust in order to cement control of the group, a prosecution official said on Tuesday.

Considering the gravity of manipulating the capital market, prosecutors decided to indict despite an independent panel’s previous recommendation not to indict, the official said.

17 recommended
comments icon0 comments
0 notes
110 views
bookmark icon

Write a comment...

Your email address will not be published. Required fields are marked *