family-run conglomerate

Saumsung Office Raided In South Korea Corruption Probe

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South Korean prosecutors raided the offices of Samsung Group following media reports of alleged links with a confidante of President Park Geun-hye who has been indicted in an influence-peddling scandal, a prosecution official said. Wednesday’s raid comes as Samsung faces allegations it bribed Park’s confidant Choi Soon-Sil to win state approval for a controversial merger … Read more

S.Korean Prosecutors Summon Samsung’s Vice Chairman Over President Confidante’s Scandal

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Lee was summoned in the afternoon by the Seoul Central District Prosecutors’ Office in charge of investigation into the scandal of Choi Soon-sil suspected of using her close friendship with the president to win personal gains. Choi, whose friendship with Park dates back to the mid-1970s, has been arrested for abuse of power and attempted … Read more