Comment on

The daily business briefing: February 17, 2017

The daily business briefing: February 17, 2017

1. Samsung Electronics vice chairman and heir apparent Lee Jae-yong was arrested early Friday on bribery charges in connection with the influence peddling scandal that led to the impeachment of South Korea's president, Park Geun-hye. A court last month rejected prosecutors' request to arrest Lee, but this time prosecutors presented new information and a judge said the court acknowledged "the cause and necessity of the arrest." Prosecutors accuse Samsung of paying $38 million in bribes to organizations linked to Choi Soon-sil, the president's confidante at the heart of the scandal. 2.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News