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Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate.
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a controversial 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans.
Samsung Electronics Co. Vice Chairman Jay Y. Lee said the company will pursue investment in future businesses including sixth-generation mobile networks and system semiconductors as the South Korean tech giant faces a rapidly changing global business environment that has already put pressure on profit.
