SEOUL – South Korea’s President Park Geun-hye colluded with her friend Choi Soon-sil to receive bribes from Samsung Group, which was aimed to cement Samsung Chief Jay Y. Lee’s control of the company, a special prosecutor said in a statement on Monday.

In a statement detailing the findings of its investigation, the special prosecutor’s office said the National Pension Service voted in favour of a merger of two Samsung Group affiliates in 2015, despite anticipating a 138.8 billion won (S$169 million) loss.

The investigation looked into an influence-peddling scandal involving Park, who was impeached by parliament in December after accusations she had colluded with her long-time friend Choi to pressure big businesses to donate to two foundations set up to back the president’s policy initiatives.

334389

2016-10-31 15:13:34

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Choi accused of interfering in state affairs using relationship with President

Source:

AFP

Reuters

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351244

2016-11-06 10:08:13

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Tens of thousands of South Koreans stage protest in Seoul calling for President Park Geun Hye to resign

Source:

AFP

Reuters

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