news flash! Samsung leader Lee Jae Rong is indicted by South Korean prosecutors

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 news flash! Samsung leader Lee Jae Rong is indicted by South Korean prosecutors


(function(){( window.slotbydup=window .slotbydup||[]).push({id:u5811557,container:ssp_ 5811557, async:true }South Korean prosecutors suspect that in the process of merging Samsung products and first wool fabrics in 2015, Samsung did not hesitate to make accounting fraud to cause devaluation, thus creating a favorable environment for Li Zairongs succession, and is investigating the involvement of senior executives such as Li Zairong. 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. Li Zairong, 52, is the vice president of Samsung Electronics and the actual head of SamSung group. On May 6 this year, he publicly apologized and promised not to let his children inherit the management rights. His remarks were interpreted by Korean media as declaring Samsungs termination of hereditary system. Samsung leader Li Zai? F is sued by South Korean prosecutors_ NB5793

South Korean prosecutors suspect that in the process of the merger of Samsung products and first wool fabrics in 2015, Samsung did not hesitate to make accounting fraud to create a devaluation situation, thus creating a favorable environment for Li Zairongs succession, and is investigating the involvement of senior executives such as Li Zairong.

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.

Samsung leader Lee Zai f is sued by South Korean prosecutors