Samsung boss on trial over 'manipulated' takeover


File picture of Samsung Group heir Lee Jae-yong arriving at the Seoul Central District Court in Seoul, South Korea, on June 8, 2020. - Reuters

SEOUL (AFP): The jailed de facto leader of the giant Samsung group went on trial Thursday (April 22) over a stock manipulation case that effectively puts South Korea's system of conglomerate control in the dock.

Samsung -- whose flagship subsidiary is among the world's biggest smartphone and computer chip makers -- is by far the largest of the family-controlled empires known as chaebols that dominate business in South Korea, the world's 12th-largest economy.

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