Samsung raided over slush fund

SEOUL, South Korea - Special prosecutors raided the headquarters of Samsung Group yesterday 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.

He provided no details. Investigators could not immediately be reached for comment.

The raid, which occurred in the same building where global technology giant Samsung Electronics, the flagship of the conglomerate, has its Seoul offices, came a day after investigators searched an office of Samsung Chairman Lee Kun-hee and seven other locations.

Yonhap news agency reported that dozens of prosecutors and investigators seized documents and other materials related to the allegations.

Article source: (Honolulu Advertiser)

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