Prosecutorial Investigation Deliberation Committee to Convene on 26th... Decision on Lee Jae-yong's Indictment Pending

Lee Jae-yong, Vice Chairman of Samsung Electronics, who is under prosecution investigation for allegations of unfair succession of management rights related to the merger of the former Samsung C&T and Cheil Industries, as well as allegations of accounting fraud at Samsung Biologics, is entering the courtroom to attend the warrant hearing held at the Seoul Central District Court in Seocho-gu, Seoul on the 8th. Photo by Kang Jin-hyung aymsdream@

[Asia Economy Reporter Cho Sung-pil] The Prosecutorial Investigation Deliberation Committee, which will decide whether to indict Samsung Electronics Vice Chairman Lee Jae-yong on allegations of illegal succession of management rights, will be held on the 26th.

The Supreme Prosecutors' Office notified the lead prosecutor of the investigation team and Samsung on the 15th that the deliberation date for the Investigation Deliberation Committee was set for the 26th. According to relevant guidelines, the Supreme Prosecutors' Office is forming a current affairs committee to review the case by selecting 15 members through a lottery from 150 experts across various fields including the legal profession, academia, media, civic groups, and culture and arts.

On the deliberation date, the committee members will review written opinions of up to 30 pages in A4 size submitted by the prosecution and Samsung's legal team to determine whether to recommend indictment. The conclusion is likely to be announced on the day of the deliberation.

The opinion of the Investigation Deliberation Committee is not mandatory for the prosecution to follow. However, since a detention warrant has already been requested for Vice Chairman Lee, the atmosphere inside and outside the prosecution suggests that the prosecution will likely lean toward indictment regardless of the committee's recommendation.

The chairman of the Investigation Deliberation Committee is former Supreme Court Justice Yang Chang-soo. During his tenure as a Supreme Court Justice, he ruled not guilty in the 'Everland Convertible Bonds (CB) low-price issuance' case, and recently, controversy arose over his qualifications after it was revealed that his brother-in-law is currently serving as the director of Samsung Seoul Hospital.

This content was produced with the assistance of AI translation services.