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Samsung vice-chairman Lee Jae-yong stays out of jail, for now

19 January, 2017 Samsung


Just when you thought that Samsung was getting out of the rut that the exploding Galaxy Note 7 had dropped the company into last year, they are now facing another predicament which is giving them a lot of bad reputation once again. Lee Jae-yong has recently been detained and questioned in order to find a link in between him and the infamous influence-peddling scandal involving impeached President Park Geun-hye and her friend, Choi Soon-sil. In fact, the South Korean prosecutor's office had gone as far as petitioning for an arrest warrant to incarcerate Samsung's future Chairman.


Fortunately for Samsung, the Seoul Central District Court did not feel that the warrant was necessary and therefore, Jae-yong is still a free man (sort of!). According to the court, since Lee Jae-yong is not allowed to leave South Korea until everything regarding the scandal and its relation to him is settled, imprisonment is an unnecessary step at this point of time. In fact, vice-chairman Lee Jae-yong was let go even from the detention centre, right after the court announced its verdict. Although this is definitely good news for Samsung, things as a whole are looking a little dim for the company and its leaders until this scandalous storm blows over.


 Saikat Kar (tech-enthusiast)

 


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