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Arrest warrant sought for Samsung heir Lee Jae-yong over accounting fraud

Shortpedia

Content Team

South Korean prosecutors sought an arrest warrant for Samsung Electronics' Vice Chairman Lee Jae-yong, an heir apparent of the Samsung Group, over accounting fraud. The Seoul Central District Prosecutors' Office asked a Seoul court to arrest the heir of Samsung Group, on charges of illegal trading and market price manipulation under a capital market act and accounting fraud under an act on external audit of corporation.