Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

South Korean officials raid Samsung

South Korean officials raid Samsung
Copyright 
By Euronews
Published on
Share this article Comments
Share this article Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

The South Koran headquarters of Samsung Group have been raided by prosecuters along with the offices of country’s National Pension Service (NPS).

ADVERTISEMENT

The South Koran headquarters of Samsung Group have been raided by prosecuters along with the offices of country’s National Pension Service (NPS).

It’s said to be in connection with the influence-peddling scandal embroiling the country’s president and her top advisors.

The NPS is being investigated over its decision to approve an 8 billion dollar merger involving two Samsung affiliates.

President Park Geunhaye and Choi Soon-sil are said to have improperly pressured major companies including the Samsung group into raising funds for foundations backed by Park.

Choi was indicted last Sunday and charged with abuse of power in a major blow to the president’s fight for political survival.

Go to accessibility shortcuts
Share this article Comments

Read more

Eleven people detained in Turkey as part of investigation into boycott call

Google Maps clue helps solve crime in Spanish village

Suspicious death of Italian MEP's husband raises questions of foul play