In a statement, Samsung and Lee have denied making any unlawful offer or paying a bribe.
Seoul Central District Court approved prosecutors' request for an arrest warrant about a month after an unsuccessful attempt to detain the 48-year-old corporate scion, who also goes by the name Jay Y. Lee.
In January, a court rejected a request to arrest Lee, the de facto boss of the Samsung conglomerate, saying it did not see the necessity.
Park Sang-jin, a president at Samsung Electronics who oversaw the company's external relations including Samsung's contacts with Choi's company in Germany, also attended the court hearing to find out if he will be arrested as well. They say they now have more evidence and wish to bring more charges against Lee.
"It is acknowledged that it is necessary to arrest [Lee] in light of a newly added criminal charge and new evidence", a court spokesman said.
If the court dismisses the arrest warrant, it will deal another blow to the prosecutors who have until February 28 to investigate the scandal, unless the parliament extends the deadline.
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A Samsung spokesperson, on the phone to The Register, refused to deny Lee had been arrested.
Lee Jae-yong, the acting chief of Samsung and its heir apparent, was arrested Friday on bribery and embezzlement charges in Seoul, South Korea.
A spokeswoman for Samsung-the world's biggest maker of smartphones-did not have immediate comment on the arrest. Now there's no word on whether lawyers representing Lee will contest the arrest or seek bail.
"Samsung presidents are evaluated on an annual basis, so they can not make bold bets about the future". "Such projects often require decisions from the chairman himself". Meanwhile she has been stripped of her presidential powers. President Park is awaiting the constitutional court's ruling on the impeachment motion that is forecast to be made before the middle of March. According to prosecutors, Samsung was the single biggest donor to Choi's foundations, although several other top South Korean firms are also implicated in the scheme.
Choi, who is now on trial for bribery, coercion and abuse of power and has denied all charges, is alleged to have extracted money from major South Korean businesses as payment for using her connections to win favorable treatment from the government for the companies.
Park has been impeached following the investigation.