Samsung heir Jay Y. Lee indicted over controversial merger in South Korea

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Lee, the billionaire Samsung vice chairman and son of ailing chairman Lee Kun-hee, was indicted on Tuesday over a controversial 2015 merger that helped him tighten control over the company. Seoul’s Central District Prosecutors’ Office said at a briefing that 11 executives from Samsung, including Lee, have been indicted on charges including illegal transactions, stock … Read more