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Samsung headquarters raided

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posted on Jan, 14 2008 @ 09:51 PM
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Samsung headquarters raided


edition.cnn.com

SEOUL, South Korea (AP) -- Special prosecutors raided the Samsung Group headquarters Tuesday in a widening probe into allegations that the massive conglomerate set up a slush fund to bribe influential figures.
Yim Jun-seok, a Samsung spokesman, confirmed that investigators entered the strategic planning office at the conglomerate's headquarters in Seoul. The official provided no details.

The raid came a day after investigators ransacked the office of Samsung Chairman Lee Kun-hee and seven other places.

The probe, which started last week, came after Kim Yong-chul, a former top legal affairs official at Samsung, alleged that the conglomerate set up a $215 million slush fund to bribe influential figures such as prosecutors, judges and government officials.
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posted on Jan, 14 2008 @ 09:51 PM
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I think it's about time company's such as Samsung that are using their money and power to manipulate laws to suite them were brought to justice.

edition.cnn.com
(visit the link for the full news article)



posted on Jan, 15 2008 @ 07:24 AM
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reply to post by Prozac Heart
 


Prozac
I like what you said about this stopping but it really never will. At some level this goes on every day. One extreme is described in the source you quoted. The other end would be making a donation to the campain of some honest john that stand for something you like. The politicians will always be the puppets to those with the money, because those are the ones who keep them in office.



 
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