April 20, 2024
Samsung
Samsung execs summoned in influence-peddling scandal
[THE INVESTOR] Senior executives of South Korea’s largest business group Samsung were questioned by investigators on Jan. 9 in connection with the influence-peddling scandal that has led to President Park Geung-hye’s impeachment.
Choi Gee-sung, a vice chairman, and Chang Choong-ki, a president at the conglomerate, appeared in the office of the independent counsel team. They lead the group’s future strategy planning division believed to be the de facto control tower that makes key decisions for Samsung and is closely linked to the ongoing scandal.
Samsung is suspected of giving financial support to foundations and a company controlled by Park’s friend Choi Soon-sil, who is at the center of the scandal, in return for a state-run pension fund‘s backing of a major merger deal between Samsung subsidiaries in 2015.
“The two were called in to bear witness to the case but their statuses could change to that of suspect in the course of the interrogation,” an official at the investigation team said.
(theinvestor@heraldcorp.com)
Choi Gee-sung, a vice chairman, and Chang Choong-ki, a president at the conglomerate, appeared in the office of the independent counsel team. They lead the group’s future strategy planning division believed to be the de facto control tower that makes key decisions for Samsung and is closely linked to the ongoing scandal.
Samsung is suspected of giving financial support to foundations and a company controlled by Park’s friend Choi Soon-sil, who is at the center of the scandal, in return for a state-run pension fund‘s backing of a major merger deal between Samsung subsidiaries in 2015.
“The two were called in to bear witness to the case but their statuses could change to that of suspect in the course of the interrogation,” an official at the investigation team said.
(theinvestor@heraldcorp.com)
