{"id":21929,"date":"2020-06-09T11:48:00","date_gmt":"2020-06-09T11:48:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2587531"},"modified":"2020-06-09T11:48:00","modified_gmt":"2020-06-09T11:48:00","slug":"court-denies-arrest-warrant-for-samsung-heir","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/06\/09\/court-denies-arrest-warrant-for-samsung-heir\/","title":{"rendered":"Court denies arrest warrant for Samsung heir"},"content":{"rendered":"

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<\/span>Photo by Chris Jung\/NurPhoto via Getty Images<\/small><\/p>\n

Samsung heir Lee Jae-yong has escaped arrest after a court in Seoul denied prosecutors’ request to detain him while they conduct an investigation into alleged accounting fraud. Lee, who goes by Jay Y. Lee in the West and is the vice chairman of Samsung Electronics, spent almost a year in jail until February 2018 for his role in a separate scandal.<\/p>\n

“It appears that prosecutors have secured considerable amount of evidence through their investigation, but they fell short of explaining the validity to detain Lee,” the Seoul Central District Court said, as reported by Nikkei<\/em>. “Considering the significance of the case, it is appropriate to determine whether the suspects are responsible and the degree (of their involvement) through sufficient trials and debates.”<\/p>\n