Samsung heir named suspect in South Korean political scandal

Samsung heir named suspect in South Korean political scandal

January 11th, 2017 by Associated Press in National Business

Choi Soon-sil, center, disgraced South Korean President Park Geun-hye's longtime friend at the center of a massive corruption scandal, arrives for her trial at the Seoul Central District Court in Seoul, South Korea, Wednesday, Jan. 11, 2017. Choi refused to testify at Park's impeachment trial on Tuesday, with lawmakers alleging that it was a stalling tactic. (AP Photo/Ahn Young-joon)

Photo by The Associated Press /Times Free Press.

SEOUL, South Korea (AP) - South Korean authorities say a Samsung scion will be questioned as a suspect in a bribery case in the massive influence-peddling scandal that led to the president's impeachment.

Prosecutors said Wednesday that Lee Jae-yong, Samsung Electronics' vice chairman, will be summoned to face questions by investigators probing whether South Korea's largest business group bribed a jailed confidante of President Park Geun-hye to win favors.

Those possible favors include getting the government's backing on a controversial Samsung merger in 2015 that was opposed by minority shareholders. Lee and members of his family were the biggest beneficiaries of the merger.

Prosecutors are expected to grill Lee starting Thursday regarding why Samsung Group sent corporate funds to Choi (pronounced Chwey) Soon-sil, the jailed confidante, including buying costly horses for her daughter.