South Korea seeks arrest warrant for Samsung heir in merger probe
Prosecutors said the warrant against Lee was sought on suspicions of stock price manipulation, among other offences
Samsung Electronics Vice Chairman, Jay Y Lee, speaks during a news conference at a company's office building in Seoul, South Korea, May 6, 2020/ Reuters
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y Lee and two former company executives, they said on Thursday, in an investigation of a controversial 2015 merger and alleged accounting fraud.
The move spells fresh legal trouble for Lee, who already faces trial on a charge of bribery aimed at winning support to succeed ailing group patriarch Lee Kun-hee, and which involved former President Park Geun-hye.
Prosecutors said the warrant against Lee was sought on suspicions of stock price manipulation, among other offences.
Samsung declined to comment.
