The cost of col­lu­sion

The Africa Report - - BRIEFING -

The De­cem­ber im­peach­ment of Pres­i­dent Park Geun-hye is hav­ing reper­cus­sions across pol­i­tics and busi­ness. Park is ac­cused of co­erc­ing ma­jor South Korean cor­po­ra­tions to do­nate mil­lions of dol­lars to foun­da­tions run by Choi Soon-sil, daugh­ter of a shaman­is­tic cult founder. Spe­cial in­ves­ti­ga­tors are dig­ging into Choi’s many con­nec­tions. In mid-jan­uary, Sam­sung vice-chair­man Jay Y Lee nar­rowly avoided ar­rest on bribery charges con­nected with the scan­dal. Op­po­si­tion par­ties want to break the close links be­tween the chae­bols (large fam­ily-run con­glom­er­ates) and gov­ern­ment.

Newspapers in English

Newspapers from Botswana

© PressReader. All rights reserved.