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The Korea Herald
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THE INVESTOR
March 29, 2024

Samsung

Samsung denies special counsel’s accusation

  • PUBLISHED :March 06, 2017 - 17:38
  • UPDATED :March 06, 2017 - 17:38
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[THE INVESTOR] Samsung Electronics denied the special counsel’s final briefing on Mar. 6 that accused Vice Chairman Lee Jae-yong of being a bribery suspect in the influence-peddling scandal that led to the impeachment trial of President Park Geun-hye.

“We disagree with the special prosecutor’s findings,” Samsung said in a statement.

“Samsung has not paid bribes nor made improper requests seeking favors. Future court proceedings will reveal the truth.”

Park Young-soo who lead the investigation team said the president had ordered her officials to pressure the National Pension Service to approve a controversial merger between two Samsung units in 2015 in exchange for business favors worth 43 billion won ($37 million) given to Choi Soon-sil, her longtime friend. The merger was seen as a crucial step for Lee to speed up his succession of the tech giant. 

By Cho Chung-un/The Korea Herald (christory@heraldcorp.com)

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