SEOUL — South Korean prosecutors raided the offices of Samsung Electronics Co. early Tuesday morning amid allegations that the South Korean expertise company gave cash to a close buddy of President Park Geun-hye who has been accused of exerting affect over government affairs.
A spokesman for Seoul important District Prosecutor’s place of job tested that it seized documents from Samsung’s place of work of exterior relations in Seoul’s Gangnam regional. A spokeswoman for Samsung 005930, -0.06% didn’t immediately reply to a request for comment.
The prosecutors’ raid on Samsung means that the rising political scandal could now be turning toward the usa’s sprawling conglomerates, who’ve lengthy been a few of South Korea’s most influential power brokers.
In latest days, the scandal has resulted in the resignation of the president’s chief of team of workers and 4 senior aides, and brought tens of thousands of protesters out into the streets of Seoul. Park, whose single 5-year time period is about to expire in a couple of 12 months’s time, has considered her public-approval ratings sink to document lows amid calls for her resignation.
An elevated model of this document seems on WSJ.com.
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