Samsung

Samsung heir to be officially charged following bribery scandal

Kaloyan C.

by Kaloyan C. / Feb 28, 2017, 3:11 AM

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 from the company, which is now left in a very vulnerable state with little to no leadership.

The scandal, along with the investigation that followed it, began late last year following accusations that Samsung bribed a private confidant of South Korean president Park Geun-hye to smooth the merger of two Samsung affiliates. The president was subsequently impeached, and a Constitutional Court hearing on whether to uphold the decision is scheduled for next month.

source: Reuters

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12 Comments

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1. liberalsnowflake

Posts: 273; Member since: Feb 24, 2017

CrookedSamsung#

posted on Feb 28, 2017, 3:25 AM 3

ShadowSnypa786

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6. ShadowSnypa786

Posts: 555; Member since: Jan 06, 2017

Triggered LOL

posted on Feb 28, 2017, 6:51 AM 0

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2. liberalsnowflake

Posts: 273; Member since: Feb 24, 2017

I urged to all samsung diehard fanboys to boycott samsung and hereby stop corruption.

posted on Feb 28, 2017, 3:26 AM 2

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3. iushnt

Posts: 3086; Member since: Feb 06, 2013

Then to whom should we not boycott?

posted on Feb 28, 2017, 3:35 AM 4

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4. liberalsnowflake

Posts: 273; Member since: Feb 24, 2017

Maybe samsung I guess

posted on Feb 28, 2017, 3:45 AM 0

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5. iushnt

Posts: 3086; Member since: Feb 06, 2013

How does that make sense. Boycott Samsung and then not Boycott Samsung..

posted on Feb 28, 2017, 4:53 AM 5

sissy246

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9. sissy246

Posts: 7078; Member since: Mar 04, 2015

Then you need to boycott all big companies.

posted on Feb 28, 2017, 9:45 AM 0

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7. ShadowSnypa786

Posts: 555; Member since: Jan 06, 2017

Apple too :D

posted on Feb 28, 2017, 6:56 AM 0

kiko007

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8. kiko007

Posts: 7493; Member since: Feb 17, 2016

Because Apple is totally bribing the American government into doing it's bidding./s

posted on Feb 28, 2017, 7:40 AM 0

joey_sfb

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12. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Except its fully legal in the states.

posted on Mar 02, 2017, 9:16 PM 0

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10. sissy246

Posts: 7078; Member since: Mar 04, 2015

Good this guy needs to be charged and locked up.

posted on Feb 28, 2017, 9:46 AM 0

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11. Rampage_Taco

Posts: 1036; Member since: Jan 17, 2017

Glad to see South Korea has no problem impeaching a President more interested in personal business affairs than doing what's best for their country.

posted on Feb 28, 2017, 11:07 AM 1

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