Top Samsung Exec Arrested In Korea On Corruption Charges

Although South Korean officials initially failed to get an arrest warrant for Samsung's vice chair Jay Y. Lee, they didn't fail in their second attempt. Bolstered by new charges of hiding criminal proceeds and violating asset transfer laws, an arrest warrant was obtained.

The rationale for and the necessity of (Lee's) arrest is acknowledged considering the new charges and additional evidence collected, - Court

Lee, who is/was likely to run the entire company, is going to remain in detention during the legal proceedings. He could be in jail for up to 18 months just waiting for the trial to end.

He is accused of bribing South Korean president Park Geun-hye with $38 million.