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More Samsung Executives Could Be Arrested in South Korea

By
Reuters
Reuters
and
Michelle Toh
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February 13, 2017, 2:32 AM ET
Samsung Vice Chairman Jay Y. Lee Re-Summoned to Special Prosectuor's Office
Members of the media approach Jay Y. Lee, co-vice chairman of Samsung Electronics Co., center, as he arrives at the special prosecutors' office in Seoul, South Korea, on Monday, Feb. 13, 2017. A special prosecutor is again questioning Samsung's Lee over allegations including bribery and embezzlement, potentially dealing another blow to South Koreas biggest business empire. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesSeongJoon Cho/Bloomberg via Getty Images

The South Korean special prosecutor’s office said on Monday it will decide whether to seek arrest warrants for more Samsung Group executives amid a widening influence-peddling scandal that could topple President Park Geun-hye.

Special prosecution spokesman Lee Kyu-chul told reporters four executives other than Jay Y. Lee, head of South Korea’s top conglomerate, have been identified as suspects and a decision on whether to seek their arrest would be made after questioning.

For more on Samsung, watch Fortune’s video:

Prosecutors had previously said they would not seek arrests for any Samsung officials other than Lee, who is being questioned for the second time on suspicions that he pledged 43 billion won ($37.30 million) to a business and organizations backed by Park’s friend, Choi Soon-sil, in exchange for support for a 2015 merger of two Samsung units.

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