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Samsung raided in South Korean political scandal – CNET


After the Note 7 recall and a profit hit there’s more bad news for Samsung.

Jung Yeon-Je/AFP/Getty Images

Samsung has been raided by investigators as the company is dragged into a political scandal involving South Korea’s president.

President Park Geun-hye is reported to have allowed long-time confidante Choi Soon-sil to exploit their friendship for financial gain. Samsung is alleged to have donated $3.1m (around £2.5m or AU$) to a company co-owned by Choi Soon-sil, who was arrested on 3 November, and her daughter.

The investigation is another headache for Samsung following the disastrous launch of the Galaxy Note 7, a recall of a washing machine and a drop in profits. Samsung this week issued an open letter apologising for the Note 7’s tendency to overheat.

Samsung did not immediately respond to a request for comment.



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