It looks like Samsung could have a problem in its home country of South Korea, according to a recent report, prosecutors in the country could arrest Jay Y. Lee who is the son of Samsung’s Chairman Kun-Hee Lee.
The prosecutors are accusing Jay Y. Lee of bribery and embezzlement charges, this is apparently linked to the Korean President Parks who was impeached recently.
The South Korean Prosecutors have asked for an arrest warrant for Jay Y. Lee to be issued and this will either be approved or denied by a court on Wednesday in South Korea.
Jay Y. Lee is the heir to the Samsung business and he was nominated for a seat on the board in 2016, we will have more details on Wednesday.
Source TechCrunchFiled Under: Technology News