[Photo] Prosecution Indicts Lee Jae-yong and 10 Others on 'Management Succession Allegations'

The prosecution, which has been investigating allegations of illegal succession of Samsung's management rights, indicted Samsung Electronics Vice Chairman Lee Jae-yong on the 1st. The Economic Crime Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Lee Bok-hyun) indicted Vice Chairman Lee without detention on charges including unfair trading and market manipulation under the Capital Markets Act, as well as breach of fiduciary duty. Ten other Samsung officials, including former Samsung Future Strategy Office head (Vice Chairman) Choi Ji-sung and former Future Strategy Office Strategy Team leader (President) Kim Jong-jung, were also sent to trial. Lee's side expressed a strong stance, stating that they cannot accept the prosecution's excessive indictment. The photo shows Samsung Electronics Seocho Office on the day. /Reporter Moon Ho-nam munonam@

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