CJ Group in the statement said Lee told investigators he would “take responsibility for his wrongdoing”.Lee, a graduate of Columbia University in the United States, is a business planning executive at food company CJ Cheiljedang Corp, part of the CJ Group which owns movie and entertainment firm CJ ENM Co Ltd as well as CJ Logistics Corp.The group’s leader, Lee Jay-hyun, is a grandson of Samsung Group founder Lee Byung-chull.In a statement issued by CJ Group on Thursday, Lee apologized “for causing significant trouble to CJ executives and employees and disappointing many people through wrongdoing”.On Wednesday, prosecution officials raided Lee’s house as part of its investigation, a person familiar with the matter told Reuters.SEOUL (Reuters) - The heir apparent of South Korean food-to-entertainment conglomerate CJ Group has been arrested for suspected narcotics law violation after turning himself in, the prosecutors’ office said.Lee was stopped on arrival at Incheon International Airport from the United States on Sept. 1 on suspicion of trying to smuggle marijuana into the country, local media reported citing the prosecutor’s office.Reuters calls to the prosecutors’ office seeking details of the allegations went unanswered on Thursday.Lee Sun-ho, the 29-year-old son of CJ Group Chairman Lee Jay-hyun, walked into the office alone on Wednesday evening, the Incheon District Prosecutors’ Office said in a statement on Wednesday.Reporting by Joyce Lee and Hyunjoo Jin; Editing by Christopher Cushing“The suspect ... said it is heartbreaking that the people around him are suffering and wished to be arrested as soon as possible,” the prosecutors’ office said in its statement.

I will work hard to contribute to the country and society with my business as my life’s last goal,” CJ Group cited Lee as saying (Reporting by Ju-min Park; Editing by Ed Davies)Over the years, the heads of the Samsung, Hyundai Motor, SK and Hanwha chaebol have been convicted of crimes but received suspended sentences, and later, presidential pardons.Lee Jay-hyun, the ailing 56-year-old chairman of the CJ Group, which has interests spanning food, entertainment and logistics, was sentenced last year to two and a half years in jail for tax evasion and embezzlement.“In the case of businessmen, we selected a limited number of people ... after gathering diverse opinions to unite our people and overcome an economic crisis,” the Justice Ministry said in a statement.It is a tradition for the president to announce pardons ahead of Liberation Day on Aug. 15 and there is a long history of convicted bosses of the family-run conglomerates, known as chaebol, being released or having their sentences suspended.

The grandson of Lee Byung-Chul, Samsung's late founder, Lee Jay-Hyun … Lee Jae-hyun, the eldest grandson of Samsung Group founder Lee Byung-chull and known to be the 10th-richest man in the country, is under fire for alleged tax evasion and the creation of a … Jay-Hyun Lee is Chairman at CJ Logistics. Currently, Jay-Hyun Lee occupies the position of Chairman-Executive Board at CJ CGV Co., Ltd. and Chairman-Executive Board at CJ Corp. 'Parasite' producer Lee Jay-hyun lives in this $50 million Los Angeles house. CPSO REGISTRATION CLASS. Lee Jay-hyun was found guilty of … 'Parasite' producer Lee Jay-hyun lives in this $50 million Los Angeles house. Jay Lee’s $50 Million Beverly Hills Compound CJ Chairman Jay Lee’s $50 million Beverly Hills compound. Jay Lee’s $50 Million Beverly Hills Compound 1 of 13. The eldest grandson of late Samsung founder Lee Byung-Chull, Lee Jay-Hyun inherited CJ Group, which officially separated from Samsung in 1997. $2.3 B . About Lee Jay Hyun. As a child, Eli Jang used to live in an abusive household. Lee Jay hyun Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. He is also on the board of CJ Systems Co., Ltd. and Chairman-Executive Board at CJ Logistics Corp., Chairman-Executive Board at LG HelloVision Corp., Chairman-Executive Board at CJ CheilJedang Corp. and Chairman-Executive Board at CJ ENM Co., Ltd. He is known to be the grandson of Samsung's late founder. Lee, Jay Chang-Hyun CPSO#: 68382 MEMBER STATUS.

Vestibulum ac diam sit amet quam vehicula elementum sed sit amet dui. View Jay Hyun Lee’s profile on LinkedIn, the world's largest professional community. Lee Jay hyun Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Lee Jay-Hyun Net Worth: Lee Jay-Hyun is a South Korean businessman who has a net worth of $1.8 billion. This 53-year old businessman is a graduate of Korea University. Eli Jang (장현 Jang Hyun) is a secondary character in Lookism.

Forbes reported that Lee Jay-Hyun is currently married with four children. REAL TIME NET WORTH — as of 5/3/17. See the complete profile on LinkedIn and discover Jay Hyun’s connections and jobs at similar companies. His older sister Lee Mi-kyoung is the vice chairman of the company.

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