Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing as prosecutors pushed a 12-year jail term for charges including embezzlement, perjury, and bribing the ousted President Park Geun-hye.
Foreign firms are the growth engine for Vietnam’s high-technology exports, which reached 27% as a percentage of its total manufactured exports in 2014.
She could face more than ten years in jail if convicted of receiving bribes from bosses of big conglomerates, including Samsung group chief Jay Y. Lee.
If the court grants the arrest warrant, Park Geun-hye will become the country’s third former president to be detained in custody while being investigated.
Fighting corruption in the business world requires transforming the internal structure and culture of big companies.
Park became South Korea’s first democratically elected leader to be forced from office.
After largely ignoring the country for many years, why is Apple currently bullish on India? What does it have up its sleeve?