Jan 9, 2017

Samsung execs quizzed over S Korea scandal

The firm is accused of giving large donations to non-profit foundations operated by Choi Soon-sil, a close confidante of Ms Park. According to South Korea's Yonhap news agency, Choi Gee-sung, a Samsung vice chairman, and Chang Choong-ki, a president at the group, were being interviewed on Monday by special prosecutors about the corruption allegations. The claims circle around a merger between the electronics giant's construction arm, Samsung C&T, and an affiliate firm, Cheil Industries. Prosecutors also allege that Samsung gave €2.8m euros to a company co-owned by Ms Choi and her daughter, in return for Ms Park's support for the deal. In a parliamentary session last month, senior executives of Samsung admitted the firm gave money to help the equestrian career of Ms Choi's daughter, Chung Yoo-ra.

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