Samsung Group heir Jay Y. Lee arrives for a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, June 8, 2020. - Reuters
SEOUL (Reuters): A South Korean court on Tuesday (June 9) denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation.
The ruling provided at least temporary relief for the vice chairman of Samsung Electronics. But he may face further pressure from the case at a time when the world's top maker of smartphones and memory chips contends with the impact of the Covid-19 pandemic on demand.
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