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You are here: Home / Archives for President Park Geun-hye

President Park Geun-hye

Bad Heir Day – Prosecutors Demand 12-Years of Hard Time for Billionaire Samsung Heir

August 9, 2017 by Ted Leave a Comment

Samsung's Vice Chairman LeeSouth Korea is buzzing at the news that prosecutors have demanded no less than a 12-year prison term for Samsung’s billionaire heir, Jay Y. Lee. Lee is accused of attempting to solidify his total control of the massive company through a sketchy scheme that included bribing the South Korean President, Park Geun-hye.

See more on these shocking revelations that may lead to problems for Samsung… [Read more…] about Bad Heir Day – Prosecutors Demand 12-Years of Hard Time for Billionaire Samsung Heir

Filed Under: Asian Connection, Financial, Law, Manufacturers, News, People Tagged With: Jay Y. Lee, President Park Geun-hye, Samsung, scandal

Prosecutors Make Their Case to Jail Head of Samsung

January 18, 2017 by Ted Leave a Comment

REUTERS/Kim Hong-Ji
REUTERS/Kim Hong-Ji

Judge Questions Jay Y. Lee in Arrest Warrant Hearing

In a case that has been percolating for weeks but has now come to a boil, special prosecutors in South Korea have gone before a judge to obtain a warrant for the arrest of Samsung Group leader, Jay Y, Lee. Summoned by the court to testify, Lee answered questions in a closed-door session at the court, held today. Lee denied he or his company participated in any wrongdoing.

The judge’s decision is expected very soon.

See more on the legal troubles that Samsung now finds themselves in… [Read more…] about Prosecutors Make Their Case to Jail Head of Samsung

Filed Under: Asian Connection, Brands, Crime, Law, News, Pivot Point Tagged With: Choi Soon-sil, Jay Y. Lee, President Park Geun-hye, Samsung

Samsung Chairman Named as Suspect by Prosecutors in Political Probe

January 11, 2017 by Ted Leave a Comment

Samsung logoAfter a tough 2016, Samsung was likely looking for a little relief in 2017. They’ll have to keep looking because, as the old saying goes, “When it rains, it pours.” Reuters is reporting that prosecutors in South Korea have summoned Samsung Group leader Jay Y. Lee for questioning in a probe into an influence peddling scheme that may topple the president of the country and offer criminal indictments for some of the players.

Lee has been named as a suspect in the matter.

See more on this widening scandal and the risk to Samsung… [Read more…] about Samsung Chairman Named as Suspect by Prosecutors in Political Probe

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Pivot Point Tagged With: Choi Soon-sil, Jay Y. Lee, President Park Geun-hye, Samsung

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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