Samsung accused of bribing

Posted on Wednesday, Nov 21 2007 @ 01:10 CET by Thomas De Maesschalck
Another scandal is unfolding. NY Times reports Samsung tried to bribe a former legal adviser to South Korean President Roh Moo-hyun:
The former aide, Lee Yong-chul, who also served as a presidential monitor against corruption, said that the money — 5 million won ($5,445) — was delivered to him in January 2004 as a holiday gift from a Samsung Electronics executive, but that he immediately returned it.

Before sending it back, Mr. Lee said, he took pictures of the cash package, which were released to the news media on Monday.

“I was outraged by Samsung’s brazenness, by its attempt to bribe a presidential aide in charge of fighting corruption,” Mr. Lee said in a written statement released at a news conference by a civic organization. He did not attend the event.

James Chung, a spokesman for Samsung Electronics, said, “We are trying to find out the facts around these allegations.”


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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