Samsung scandal, Trump security adviser
Vanessa Kortekaas has Friday’s top stories, including Samsung's heir apparent arrested for bribery, Donald Trump trying to persuade Robert Harward to become US national security adviser and Israel aspiring to be a global medical marijuana supplier.
Welcome to First FT. Here are today's top stories. Samsung's heir apparent has been arrested for bribery, embezzlement, and perjury in connection with the spiralling corruption scandal. Lee Jae-yong was detained in the move that could hinder the succession and restructuring plans for South Korea's biggest conglomerate. Prosecutors are focusing on $37 million in payments made by Samsung to entities allegedly linked to a friend of President Park Gen-hye.
US president Donald Trump is trying to persuade Robert Harward, a retired Navy special forces officer to become the new national security adviser. Mr Harward has reportedly told the president he not accept the position, which Michael Flynn was fired from a Monday after misleading the White House about his contacts with Russia's ambassador to Washington. And Israel has set out its global ambitions to become a medical marijuana supplier after taking the first steps to amend laws that will allow the export of the medical use of the product. This comes as several countries and US states are decriminalising the use of the drug. For more of today's top stories, go to ft.com/firstft.
Reporting by Andrew Jack. Filmed and edited by Steve Ager.
- Samsung leader Lee Jae-yong arrested in corruption probe
- Robert Harward turns down Trump’s national security offer
- Brexit begins, India’s tax revolution and Kushner deal binned
- Theresa May triggers Article 50, Westinghouse files Chapter 11 and is Egypt out of control?
- Scrutiny for the ECB, Trump’s climate change rollback and waiting for a boom in Iran