This video says about itself:
17 February 2017
South Korean police have arrested the heir to the Samsung empire JY Lee.
Al Jazeera’s Gerald Tan reports.
From daily The Morning Star in Britain:
Saturday 18th February 2017
He wanted to enlist government support for a smooth company leadership transition, including a contentious merger of two Samsung companies.
Mr Lee is not the first member of South Korea’s richest family to face criminal charges.
Mr Lee senior, the ailing chairman, stepped away from his role at the company when prosecutors indicted him in 2008.
His son will probably follow a similar course and stay away from a leadership role once investigators formally bring charges against him.
The younger Mr Lee was seen as the new face of Samsung, fluent in foreign languages and educated overseas, but these allegations, if proven, may damage his reputation irreparably.
He has amassed a personal fortune of over £4 billion, largely as the result of buying Samsung securities at illegally cheap prices before unloading them later with huge returns.