Lawmakers want probe of Samsung parent in biotech fraud

Investigation into C&T risks upsetting Lee Jae-yong succession at conglomerate

20181122N JY Lee Samsung sitting at theater

Samsung group vice chairman Lee Jae-yong, left, visits Mangyongdae Children's Palace in Pyongyang, North Koreain September. Lawmakers have accused Samsung of using BioLogics to smooth Lee's succession.

KIM JAEWON, Nikkei staff writer

SEOUL -- South Korean lawmakers are calling on financial regulators to broaden the investigation of accounting fraud at Samsung BioLogics to encompass its parent Samsung C&T, the group's de facto holding company, threatening the succession process put in place by the controlling family.

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