Samsung's involvement in the "Choi-gate" corruption probe facing South Korean President Park Geun-hye may go all the way to the top of the company.
A special prosecutor has named Jay Y. Lee, the vice chairman of Samsung Electronics and the de facto head of the organization's parent company (Samsung Group), as a suspect in a bribery investigation, according to Bloomberg. Investigators have also asked parliament to file perjury charges against Lee over testimony he gave to South Korea's National Assembly last month. He will be called for questioning at 9:30 a.m. local time Thursday, the publication said.
At issue is whether millions in donations Samsung made to two foundations controlled by President Park's friend and confidant, Choi Soon-sil, were bribes to get the South Korean pension fund to back a merger between two of Samsung Group's holding companies....(continued)