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Prosecutors Seek Arrest Warrant for Ex-President Lee

Lee Youn-taek arrives at the Seoul Metropolitan Police Agency Sunday

If the warrant is issued, Lee will become the 4th former South Korean president to be arrested.

South Korean prosecutors asked a court on Monday to issue an arrest warrant for former president Lee Myung-bak.

Samsung is alleged to have paid 5 million US dollars of retaining fee, on Lee's behalf, in the United States for DAS, a South Korean auto parts maker which prosecutors said Lee owns under the names of his relatives.

The hearing has been set for 10:30 a.m., Thursday, the Seoul Central District Court said.

Lee, 76, was questioned by police last week for a total of 21 hours over two days.

Curtains are drawn at ex-President Lee Myung-bak's house in Nonhyeon-dong, Seoul on Sunday. The allegations against him include bribery of some 11 billion won ($10.3 million) from the state spy agency, individuals and conglomerates, such as Samsung.

Lee's predecessor Park Geun-Hye is now in jail pending a verdict in her bribery trial after being impeached past year over a corruption scandal.

South Korean media say Lee received almost 10 million dollars' worth of bribes. The current South Korean president, Moon Jae-in, accused Lee of targeting Roh in an effort to discredit liberal politicians.

Nearly all South Korean presidents, their family members and key associates have been either arrested or embroiled in corruption scandals and other troubles before they ended their terms or after they left office. Park Hee-jun, Arirang News.

Lee, a former Hyundai executive who led the company's meteoric rise and built a reputation as a man who can get things done, took office with a promise to boost the economy and take a harder line toward North Korea.

Prosecutors are also considering summoning Lee's wife, Kim Yoon-ok, as they suspect she received illegal funds worth 500 million won from a former chief of a bank, and embezzled 400 million won via a DAS corporate credit card for her private use.