Samsung's chairman Jay Y. Lee faces court decision on a 2015 merger accused of breaching accounting standards.

Samsung's chairman, Jay Y. Lee, is awaiting a court decision on a controversial 2015 merger that prosecutors say was designed to strengthen his control over the company at the expense of other shareholders. The merger, which involved Samsung C&T and Cheil Industries and was valued at $8 billion, is under scrutiny due to alleged breaches in accounting standards. Lee denies any wrongdoing.

2 months ago
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