[Inkiguel] Court dismisses arrest warrant for Samsung's CEO, Lee Jae Yong released from detention

[Kstarnet]

 

The independent counsel, the team currently in charge of investigating the scandal, believes that Samsung paid a total of $36.42 million to Choi Soon Sil in return for benefits.  They fostered a relationship where they paid millions of dollars to Choi to support her organizations and her daughter Chung Yoo Ra.  For instance, reports say that Samsung bought several horses and a horse park in Germany to be used by Yoo Ra costing them more than $3.3 million.  Samsung is believed to have benefitted from this relationship especially through the controversial merger between Samsung C&T and Cheil Industries.  With government support, the merger allowed Samsung to retain control and handover the group's leadership from chairman Lee Kun Hee to his son Lee Jae Yong despite owning only a small amount of shares.  This allowed Samsung to retain control of the whole group for a low cost.  

 

An arrest warrant was sought for Samsung's Lee Jae Yong for bribery, embezzlement and perjury.  During the 22-hour questioning, Lee Jae Yong told prosecutors that Samsung was coerced into giving money to Choi Soon Sil, that it was a simple case of extortion by the Blue House, and that Samsung expected no favours in return for the 'donations'.  The independent counsel, however, says it has evidence showing that the support of the merger helped consolidate Lee's control of the group.  Lee was held in detention while they waited for the court's decision on whether to approve the arrest warrant.

 

The Seoul Central District Court decided on Thursday to decline the issue of an arrest warrant.  Judge Choi Eui Youn said, "I see no need to arrest the suspect right now as there is room for disagreement about the major charges."  Lee was then immediately released from temporary detention where he awaited the court's decision.  

 

 

News 1 via Naver: Reason for dismissing Lee Jae Yong's arrest... 'denies bribes' currently no need for arrest 

 

1. [+43,640, -3241] Ah... this is Korea's declaration of giving up democracy... The court is disgraceful... A bus driver who was missing 2,400 won (~$2) was charged for embezzlement yesterday and someone who gave a 430 BILLION bribe is let out free... dirty Republic of Samsung

 

2. [+31,785, -2048] Fighting to the independent counsel! The citizens are all fighting with you until the end!

 

3. [+31,721, -2430] You call yourself a judge? Bet their legal team will scout you

 

4. [+25,994, -1989] Department of Justice: This is insane~~!!

 

5. [+17,691, -1036] One fearful judge has turned the tides in favour of the corrupt Chaebol conglomerates of Korea.  How do you think you'll be remembered in our history?

 

6. [+7940, -372] The most corrupt group in Korea. 

 

7. [+7683, -417] Looks like the judge was on their side...

 

8. [+7449, -361] Justice is dead. No one is equal in front of the law anymore.

 

9. [+7216, -323] Similar reason for Shin Dong Bin's dismissal too. The law is different for the rich and the poor.

 

10. [+6911, -355] It's cold but it looks like we're going to have to go out for a candlelight rally

 

Source: http://inkigeul.blogspot.my/2017/01/court-dismisses-arrest-warrant-for.html

[Raindraco]

big companies get away with this stuff all the time.

[PleasureSeeker]

So this is what the 'warrant dismissal' trending topic was on Twitter yesterday. This sounds similar to some of the same things that happen here in the USA, sadly. At least the Koreans are willing to fight for justice.

[Labyd]

More relevant that our oppas and unnirs

[RYUZAKI]

Lol Samsung basically owns South Korea even the military supplies, so this isn't a surprise.

[bluebird]

obvs korea wont be that stupid to let 1/4 of their gdp collapse ._.

[kimchidiablo]

I am a bit angry seeing this news while reading it from a Samsung phone.

How ironic.

[sakurahanabira]

I am a bit angry seeing this news while reading it from a Samsung phone.

How ironic.

lol I'm reading this from a Samsung tablet

[Lunaboum]

This is so unfair, but Samsung is pretty powerful in Korea so Im not surprised. Whats with all these terribly unfair cases lately?

[A random user]

I am a bit angry seeing this news while reading it from a Samsung phone.

How ironic.

#teamLG

 

/J

 

Anyway, is big company that is an important part for Sout Korea economy. It's not surprising.

[A random user]

This is so unfair, but Samsung is pretty powerful in Korea so Im not surprised. Whats with all these terribly unfair cases lately?

Its not lately thought, it's just that now there is a blog that truly translate truly trending topics in koreans sites and not only idols/entertaiment relately only.

 

I mean, look at those stats and upvotes.

[MeiLyn]

#teamLG

 

[lepidoptery]

obvs korea wont be that stupid to let 1/4 of their gdp collapse ._.

Samsung group doesn't need to be under the control of these particular people to continue to exist as an economic force.

[bluebird]

Samsung group doesn't need to be under the control of these particular people to continue to exist as an economic force.

wrong. do you know how badly it will affect the group as a whole when their own chairman is in jail? lee kun hee was in jail once and was released directly by korean president after about a year or so.