back to article Samsung supremo Lee Jae-yong indicted for fraud over role in 2015 merger deal that made him heir apparent

South Korea has indicted Samsung Group vice chairman Lee Jae-yong over his role in a 2015 merger that made him heir apparent to the multinational's empire. Samsung and Lee have denied the charges, which include alleged breaches of the country's Capital Markets Act and External Audit Act. The transaction in question saw …

  1. Youngone Silver badge

    This is not right

    For most of the previous century the owners of the Korean chaebols have been above the law.

    It is a bit unfair for the rules to suddenly change without any warning.

    (I'm being sarcastic in case anyone is wondering).

    1. Pascal Monett Silver badge

      Um, honestly, I do think that this is not a situation that is restricted to Korea.

      Take any multinational behemoth and I dare you to find one that has not had the possibility of bending the law in its favor.

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