Samsung heir’s arrest approved by South Korean court

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>A South Korean court has approved the arrest of a billionaire Samsung heir accused of bribery and other charges in connection with a massive corruption scandal&period;<&sol;p>&NewLine;<p>The Seoul central district court&&num;8217&semi;s decision to issue a warrant to arrest Lee Jae-yong&comma; 48&comma; a vice chairman at Samsung Electronics and the only son of Samsung chair Lee Kun-hee&comma; makes him the first leader in Samsung&&num;8217&semi;s history to be arrested on criminal charges&period;<&sol;p>&NewLine;<p>Lee&&num;8217&semi;s arrest will likely shock the business community&period;<br &sol;>&NewLine;The court said new criminal suspicion and additional evidence shows there are enough reasons to take Lee into custody&period;<&sol;p>&NewLine;<p>Prosecutors can detain him for up to 20 days before formally indicting him&period;<&sol;p>&NewLine;<p>The court dismissed prosecutors&&num;8217&semi; request to arrest Park Sang-jin&comma; a president at Samsung Electronics overseeing external relations&comma; saying that it was difficult to justify Mr Park&&num;8217&semi;s arrest given his position and role within the company&period;<&sol;p>&NewLine;<p>Lee avoided arrest last month when the court dismissed prosecutors&&num;8217&semi; request&comma; citing the lack of evidence&period; The special prosecution team&comma; probing the influence-peddling scandal that led to the impeachment of the country&&num;8217&semi;s president&comma; said they have gathered more evidence to strengthen their case and made a second request&period;<&sol;p>&NewLine;<p>The 48-year-old was groomed to succeed his father&period; He stepped up his leadership role in recent years after the elder Lee fell ill in 2014&period; Though the ailing Samsung chair was convicted before&comma; the 75-year-old has never spent time in prison&period;<&sol;p>&NewLine;<p>Prosecutors accused Lee of giving bribes worth 36 million dollars to President Park Geun-hye and her close friend Choi Soon-sil to win government favours for a smooth leadership transition&period;<&sol;p>&NewLine;<p>They are also investigating Lee on allegations of embezzlement of Samsung funds&comma; hiding assets overseas and lying under oath during a parliamentary hearing&period;<&sol;p>&NewLine;<p>Samsung denies offering bribes or seeking any wrongful favours from the president&period;<&sol;p>&NewLine;<p>Samsung was the biggest donor among dozens of South Korean companies that donated a total of nearly 70 million dollars to two non-profit foundations controlled by Ms Choi&comma; the president&&num;8217&semi;s friend&period;<&sol;p>&NewLine;<p>It also transferred millions of euro to Ms Choi&&num;8217&semi;s company in Germany which financed the equestrian training of her daughter and helped fund a winter sports centre operated by her niece&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed33bbbab52">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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