Sam­sung, Hyundai bosses quizzed

The Myanmar Times - - World -

SOUTH Korean prose­cu­tors in­ves­ti­gat­ing a cor­rup­tion scan­dal en­gulf­ing Pres­i­dent Park Geun-hye have quizzed the Sam­sung group scion and the chair­man of Hyundai Mo­tor.

Lee Jae-yong, vice chair of Sam­sung Elec­tron­ics and the heir ap­par­ent of the Sam­sung group, was ques­tioned by prose­cu­tors, Yon­hap news agency said.

It cited an of­fi­cial at the Seoul prose­cu­tors’ of­fice, which is prob­ing whether Ms Park pres­sured the firms to do­nate mil­lions of dol­lars to du­bi­ous foun­da­tions con­trolled by her long­time con­fi­dant, Choi Soon-sil.

Sam­sung made the largest do­na­tion of more than US$15 mil­lion and is ac­cused of sep­a­rately of­fer­ing 2.8 mil­lion euros ($3.1 mil­lion) to Ms Choi to bankroll her daugh­ter’s eques­trian train­ing in Ger­many.

Hyundai Mo­tor chair Chung MongKoo was also quizzed along with the bosses of other pow­er­ful con­glom­er­ates, Yon­hap said.

The pres­i­dent re­port­edly had a meet­ing last July with the top busi­ness­men at her of­fice and urged them to do­nate money to the two cul­tural foun­da­tions that Ms Choi used for per­sonal gain.

Prose­cu­tors also an­nounced a plan to quiz Ms Park this week. If this hap­pens she will be the first South Korean pres­i­dent to be ques­tioned by prose­cu­tors while in of­fice.

The “do­na­tions” from the firms amounted to nearly $70 mil­lion, in­clud­ing 20 bil­lion won ($17.5 mil­lion) from Sam­sung and 12.8 bil­lion won from Hyundai.

Ms Choi was ar­rested re­cently for al­legedly us­ing her ties with Ms Park to co­erce do­na­tions from the firms and med­dling in a wide range of state af­fairs al­though she holds no of­fi­cial po­si­tion. –

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