South Korea prosecutor seeks arrest of Samsung chief

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.

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.