Overseas network, September 1 (Yonhap) reported that on the afternoon of 1 June local time, the Central District Prosecutors office in Seoul, South Korea, announced that it would not detain Lee Jae Rong, vice president of Samsung Electronics, on the ground of suspected illegal inheritance of business rights. This is also the case in which Li Zairong was involved in park Geun Huis crony interference case in February 2017. After being detained and prosecuted, he was involved in a lawsuit again after three and a half years.
On June 4 this year, South Korean prosecutors filed with the court for approval of the arrest of Li Jae Rong on the grounds of suspected improper trading, market manipulation and violation of the relevant laws on external audit of listed companies under the capital market law. However, the Seoul Central District Court decided not to approve the arrest. On June 26, the investigation and review committee of the Korean General Prosecutors office held a meeting to examine whether it was appropriate for the prosecution to prosecute Li Zairong, and finally made a decision to terminate the relevant investigation and not initiate a public prosecution.