S. Korea President Named as Bribery Suspect

Seoul, - South Korea's President Park Geun-hye was named a bribery suspect on Tuesday as special prosecutors wrapped up their three-month probe into the massive influence-peddling scandal.

The probe team, led by Independent Counsel Park Young-soo, suspects that the president colluded with her longtime friend Choi Soon-sil in extorting money from the country's largest conglomerate Samsung Group in return for business favors, its spokesman Lee Kyu-chul said.

Park, currently awaiting the Constitutional Court's decision on her impeachment, will not face charges for now as an incumbent president has immunity from criminal indictment, according to South Korean news agency (Yonhap).

Prosecutors will indict Lee Jae-yong, the de facto leader of Samsung, later in the day on charges of giving or promising some 43 billion won (USD 36.3 million) in bribes to the president's jailed friend Choi in return for the government's backing of a merger of two Samsung affiliates in 2015. (QNA)

Source: Qatar News Agency