Anchor: Samsung Group has welcomed the Seoul Central District Court's decision to reject a warrant request to arrest the group’s de-facto leader Lee Jae-yong. However, the business group is likely to remain on edge as the independent counsel team plans to power through in its investigation into other executives as well as leaders of other local conglomerates over bribery suspicions.
Mina Cha has more.
Report: Immediately after the court rejected the special prosecutors' request to arrest Samsung Group heir Lee Jae-yong early Thursday, the group issued a statement, saying it is fortunate that the truth can be determined without the need for the leader's detention.
Although Samsung was able to avoid its worst nightmare of having its leader locked behind bars, the country's number one conglomerate is hardly off the hook in the massive Choi Soon-sil scandal.
The independent counsel’s investigation into Lee is still underway and is said to have plans to look into other figures within Samsung's control tower.
Choi Ji-sung and Jang Choong-ki, the head and deputy head of the Future Strategy Office, respectively, may also play a restrained role in salvaging the group out of the crisis.
While the special prosecutors' investigation leaves some pessimistic about the prospect of whether Samsung can swiftly normalize its management, other industry pundits say the business group will soon embark on reshuffling its presidents and reorganizing its business structure.
There is also a possibility that the group will begin a move to dissolve the Future Strategy Office, which Lee promised before a parliamentary committee investigating the influence-peddling scandal last month.
Samsung will also likely have to come up with measures to recover its tainted image among its investors and consumers around the world.
Mina Cha, KBS World Radio News.