Seoul — The de facto leader of Samsung Group, Jay Y Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.

Prosecutors on Thursday asked the court to issue an arrest warrant against Lee, culminating a probe into a controversial 2015 merger of two Samsung affiliates that they said helped facilitate Lee’s plan to assume greater control of the group...

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