Samsung, Argos & Ralph Lauren: Everything that matters this morning
Samsung vice-chairman arrested for corruption
Samsung vice-chairman Lee Jae-yong has been arrested for paying nearly $40m (£32m) in bribes to the South Korean government in a bid to secure policy favours.
Lee is accused of bribing Choi Soon-sil, a confidante of South Korea’s impeached president Park Geun-Hye, who is alleged to have forced local firms to “donate” $70m (£56m) to not-for-profit foundations of which Samsung is the biggest donor.
The ongoing c
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