President Park Geun-Hye named as bribery suspect

South Korea's President Park Geun-hye was named a bribery suspect on Tuesday as special prosecutors concluded their month-long probe into her scandal.

Spokesman Lee Kyu-chul of the probe team told reporters that the President colluded with her longtime friend Choi Soon-sil in extorting money from South Korea's largest conglomerate Samsung Group in return for business favors. President Park, who is 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.

Prosecutors also said on Tuesday that they will indict Lee Jae-yong, the de facto leader of Samsung, and 4 other leaders for several charges including bribery.

Source: VOV5