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It's more bad news for Samsung as its de-facto leader, Jay Y. Lee, has been arrested in South Korea in an ongoing investigation into bribery and corruption. Read More >>
The warrant to arrest top Samsung exec Jay Y. Lee has been dismissed today by a court in South Korea and the de-facto company head has been allowed to leave the Seoul Detention Centre where he was being held, reports Reuters. Known in local media as the "Crown Prince of Samsung," Vice Chairman Lee leads the company in the absence of his chairman father Lee Kun-hee, who had a heart attack in 2014. Read More >>
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