Meanwhile, the special prosecution team investigating the political scandal has named President Park a bribery suspect. The de facto leader of Samsung was indicted Tuesday.
The 48-year-old Lee, the scion of Samsung's founding family, has effectively helmed the group since his father's heart attack in 2014.
Jay Y. Lee, the heir apparent of Samsung and a billionaire in his own right, is set to be indicted on charges of bribery and embezzlement, following his arrest last week after months of investigation by prosecutors.
In a December parliamentary hearing, Samsung admitted giving a total of $US20.4b won to two foundations, but denied seeking favours in return. They are Choi Gee-sung the Vice Chairman of Samsung, President Chang Choong-ki, as well Park Sang-jin (Samsung Electronics President) and Hwang Sung-soo (EVP of the company).
The special prosecutor alleges Samsung made payments to gain the backing of the government-run National Pension Service, the world's third-largest pension fund with significant stakes in Samsung Electronics and listed affiliates. Four other Samsung executives will be indicted without detention. Lee was arrested last week over his alleged role in the corruption scandal, sending shock waves across the technology giant and standard-bearer for Asia's fourth-largest economy, Reuters reported. The current head of the Corporate Strategy Office, Choi Gee-sung, offered to resign and leave the company after prosecutors revealed that they would bring criminal charges against him.
Prosecutors say the Samsung heir gave bribes worth $36 million to Park and her confidante to help win government support for a smooth company leadership transition.
76ers, Hawks swap Ilyasova, Splitter
Splitter is now injured, dealing with a calf injury, and he's not going to immediately be available to the 76ers. Financially, this move doesn't damage either team, as both players are on expiring deals worth similar money.
To clean up its tarnished image from the battery scandal, Samsung also introduced a new eight-step battery safety check and formed a Battery Advisory Group of external advisers, academic and research experts to maintain safety standards.
The suspended state chief, who is now awaiting for the Constitutional Court's final ruling in her impeachment, yet has the constitutional immunity to criminal prosecution. And that has enormous implications not just for a global business conglomerate, but South Korea as a whole.
Prosecutors said four other Samsung executives will also be charged.
Lee's father, Lee Kun-hee, has received a special pardon by a former South Korean president who hoped that the pardon would help South Korea's bid to host the 2018 Winter Olympics.
Samsung already announced its intention to disband the Corporate Strategy Office, the decision-making unit at the company, which has been linked to the corruption investigation.
However, South Korea's constitutional court is expected to declare the results based on the impeachment votes, before the retirement of Lee Jung-mi, the acting chief justice, on March 13.