Published: Fri, March 10, 2017
Technology | By Timothy Carter

Samsung Chief Denies All Corruption Charges at Preliminary Hearing

Samsung Chief Denies All Corruption Charges at Preliminary Hearing

Lee's lawyer said on Thursday that the executive, now being detained at the Seoul Detention Center in South Korea, denies having any involvement in a political business scandal which has rocked the foundations of both Samsung and the country itself.

Lee, who is being detained at Seoul Detention Centre, did not attend court. A defendant does not have to turn up during a preparatory hearing, held to organise evidence and set dates for witness testimony.

"The indictment cannot have statements that can create prejudices in the court about the case", Song told reporters as he left court.

Lee was arrested in connection with an influence-peddling scandal that has resulted in the country's parliament voting to impeach President Park Geun-hye.

He has denied he lobbied South Korea's financial regulator, the Financial Services Commission, to list Samsung Biologics, the group's bio-pharmaceutical unit, which had posted a deficit three years running.

President Park's fate is due to be decided on Friday when judges will decide whether to throw her out of office or reinstate her.

Prosecutors allege Samsung executives colluded to channel 43.3 billion Korean won, or about $37 million, in bribes to Choi Soon-sil, the president's friend, in return for government favors such as backing for a contentious merger between two Samsung affiliates in 2015.

The report comes at a good time for Samsung, which is fighting a publicity battle after Vice Chairman Lee Jae-yong was indicted by South Korean prosecutors on bribery charges last week. The four other Samsung executives face the same charges except perjury.

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