Park Refuses Order To Testify In Samsung Heir’s Trial

South Korea’s disgraced former president Park Geun-Hye on Wednesday again refused to testify in the corruption trial of the heir to the Samsung business empire, citing poor health. For the second time in a fortnight Park rejected a court order to give evidence in the case of Lee Jae-Yong, the vice-chairman of Samsung Electronics. Lee … Read more

Tycoon Backs Charges Against Ousted S. Korea President

A top South Korean business tycoon on Thursday in court backed prosecutors allegations that the ousted South Korean president Park Geun-Hye solicited bribes from businesses in return for policy favours. Chey Tae-Won, chairman of SK, the country’s second largest conglomerate after Samsung, became the first business mogul who took the stand at what is being … Read more