Tuesday 28 February 2017

Samsung heir to be officially charged following bribery scandal


Following the much-publicized bribery scandal involving several Samsung heads and the South Korean president, today the special prosecutor's office presiding over the case has announced it will charge the heir of the Samsung empire, Jay Y. Lee, along with four other executives, with bribery and embezzlement.

Following the news, Samsung Group has made good on its promise to shut down its corporate strategy office, an unofficial controlling arm for the many companies under the Samsung banner. Three of the other arrested executives have officially resigned ...

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