Lee Jae-yong the de facto chief of South Korea's Samsung has been jailed for two and a half years over corruption charges, Yonhap news agency reported. Watch: A South Korean court found Lee Jae-yong, 52, guilty of bribery and embezzlement.

Samsung heir jailed for 2.5 years over bribery

A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation.

South Korean court denies arrest warrant request for Samsung heir

Kwon Oh-Hyun's resignation comes as the company struggles to overcome a bribery scandal that sent Lee Jae-Yong, its de-facto head and heir to the Samsung empire, to jail

Samsung CEO steps down, says 'unprecedented crisis'