Samsung Chief Arrested For Bribery, Perjury And Embezzlement

Exactly one month ago, South Korea's political crisis - recall that the country's president Park Geun-hye was impeached last December - spilled over into the corporate sector when the country's special prosecutor unexpectedly sought a warrant to arrest the head of Samsung, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of impeached President Park Geun-hye. On the night of January 16, investigators had grilled the head of Samsung, the world's largest maker of smartphones, flat-screen TVs and memory chips, Jay Y.