[Breaking] A Sigh of Relief for Lee Jae-yong and Samsung...Prosecutors' Investigation Deliberation Committee Decides to Suspend Investigation and Not Prosecute
[Asia Economy Reporter Choi Seok-jin] The Prosecution Investigation Deliberation Committee, which reviewed whether to indict Samsung Electronics Vice Chairman Lee Jae-yong (52) and others, decided on the 26th to issue a 'non-prosecution opinion.'
On the 26th, the Deliberation Committee, composed of 15 current affairs members selected from various fields including the legal community, academia, media, civic groups, and culture and arts, resolved that it is not appropriate to indict Vice Chairman Lee, former Samsung Future Strategy Office Strategy Team Leader Kim Jong-jung, Samsung C&T Corporation, and others on charges such as unfair trading and market manipulation under the Capital Markets Act, and violations of the Act on External Audit of Stock Companies.
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As the Investigation Deliberation Committee judged that it is difficult to recognize the criminal charges against Vice Chairman Lee and others, the prosecution is expected to face deeper deliberation regarding whether to proceed with indictment.
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