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  • Samsung boss faces arrest as South Korea corruption scandal grows

    South Korea's special prosecutor is seeking an arrest warrant for Samsung heir apparent Lee Jae-yong, accused of bribery, embezzlement and perjury.

    The case is linked to a scandal that led to the impeachment of the country's President Park Geung-hye.

    Samsung is accused of giving donations to non-profit foundations operated by Choi Soon-sil, a friend of Ms Park, in exchange for government favours.

    The firm said the issuing of the arrest warrant was "hard to understand".

    Seoul Central District Court must now decide whether to go ahead and issue the warrant.

    If this happened, Mr Lee would be the first executive to be arrested in connection to the scandal.

    He is currently vice-chairman of Samsung Electronics, but since his father, Lee Kun-hee, suffered a heart attack in 2014, he is considered de facto boss of the entire Samsung Group conglomerate.

    'Justice takes precedence'

    Mr Lee, also known as Jay Y Lee, was questioned as a suspect for more than 20 hours at the prosecutor's office in Seoul last week.

    Charges the department wants to bring include:

    • Bribery: approving decisions to pay Ms Choi in a bid to win political influence
    • Embezzlement: spending corporate funds on bribes
    • Perjury: telling a parliamentary hearing that he made donations without seeking any preferential treatment



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  • South Korea prosecutor seeks arrest of Samsung chief for bribery

    South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye.

    Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal, which last month led to parliament impeaching Park.

    The special prosecutor's office accused Lee of paying bribes total 43 billion won ($36.42 million) to organizations linked to Choi Soon-sil, a friend of the president who is at the center of the scandal, in order to secure the 2015 merger of two affiliates and cement his control of the family business.

    The 48-year-old Lee, who became the de facto head of the Samsung Group after his father, Lee Kun-hee, was incapacitated by a heart attack in 2014, was also accused of embezzlement and perjury, according to the prosecution's application for an arrest warrant.

    "The special prosecutors' office, in making this decision to seek an arrest warrant, determined that while the country's economic conditions are important, upholding justice takes precedence," special prosecution spokesman Lee Kyu-chul told a media briefing.

    Prosecutors have evidence showing that Park and Choi shared profits made through bribery payments, he said, without elaborating.

    Lee is due to appear on Wednesday morning at the Seoul central district court, which will decide whether to grant the arrest warrant.

    Samsung, whose companies generate $230 billion in revenue, equivalent to about 17 percent of South Korea's economy, rejected the accusation that Lee paid bribes.

    "It is difficult to understand the special prosecutors' decision," it said in an emailed statement.

    Prosecutors have been looking into whether Samsung's support for foundations and a company backed by Choi was linked to the National Pension Service's 2015 decision to support a controversial $8 billion merger of Samsung C&T Corp and Cheil Industries Inc.

    Samsung has acknowledged providing funds to the institutions but has repeatedly denied accusations of lobbying to push through the merger.

    "It is especially hard to accept the special prosecutor's assertion that there was improper request for a favor related to the merger or succession of control," it said on Monday.

    More Read : http://www.reuters.com/article/us-southkorea-politics-idUSKBN150079

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  • Real Madrid to Pay €10 million for Swedish Striker Alexander Isak


    Real Madrid will pay 95 million coronas (10 million euros) for young AIK striker Alexander Isak, which will be the most expensive transfer in the history of Swedish football, according to "Aftonbladet".

    The sale of Isak, 17, will be more than the fee Ajax paid Malmo for Zlatan Ibrahimovic, which was 82 million coronas (7.8 million euros).


    "Aftonbladet" say the teenager will sign a five-year deal and his agent will travel to Madrid next week to close the deal, although the second part is what's been added by the press in Spain. 


    Both "Aftonbladet" and "Expressen", Sweden's two biggest tabloids, are reporting the news and say that Isak's case could become similar to Martin Odegaard's. The Norway international joined the club two years ago, but has not yet progressed to the first team and is not in loan at Dutch side Herenveen.

    Isak, born in Sweden but of Eritrean origin, made his debut for AIK's first team months ago and scored 10 goals in 24 league games last season. 

    He became the youngest scored in the history of the Swedish national team, too, scoring in a 6-0 win against Slovenia days after making his debut against Ivory Coast. 

    Source http://www.sport-english.com/en/news/real-madrid/real-madrid-gasta-kilos-una-joven-promesa-sueca-5744122 

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  • Kenyan boy Kelvin Muriuki goes to school in helicopter

    A poor 14-year-old boy in Kenya has been flown to school in a helicopter after air force veterans offered to pay for his secondary education.

    Kelvin Muriuki was top of his class in 2016, but poverty forced him to go and work in a quarry, his family said.

    The Kenya Air Force Veteran Officers Association then stepped in to pay his school fees and to give him a helicopter ride to his new school.

    Kelvin's dreams are now back on track - he says he wants to become a pilot.

    Many children regularly drop out of school in Kenya because of poverty.

    The association said it would pay Kelvin's annual school fee of $530 (£430) until he completes his secondary education in 2020.

    He arrived at his new school in the central Kenyan town of Karicheni after a helicopter ride of about 20 minutes from his previous school, reports the BBC's Abdinoor Aden from the capital, Nairobi.

    Source: BBC

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    Did you know that the length and the shape of your little finger can read volumes about your personality? It may sound funny but this ancient personality reading technique comes from South Korea and is believed to be very precise when it comes to reading your personality traits. All you have to do is look at your little finger and compare its position to the ring finger and check its shape. It’s really simple and quite interesting. Here are the explanations so you can check and see for yourself.

    • Short

    A short little finger is a finger that doesn’t reach the first knuckle if the ring finger. If you have a short little finger you’re probably reserved and shy around strangers but friendly and big-hearted with familiar faces. These people also have big dreams but rarely do something to make them a reality. However, once they set their mind on something they can achieve greatness.

    • Normal

    By normal we mean a little finger which reaches the joint of the ring finger and people who have such little finger are mature and stable. It is very difficult to disrupt them and as a result, they are often seen as distant and cold. However, it only takes patience to reveal their warmth and kindness, which are rarely shown to people they are not familiar with.

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