Corp-Ethics Home
Log In | Register New User
Home Company Search Related Articles Forum (new!)

Company Samsung [Company Info]
  Track this Company (an email will be sent to you everytime a report is filed about this company)

Date Issue Title
5th Apr 2008 Fraud Investigation Prosecutors question Samsung boss

The boss of South Korea's Samsung Group has appeared before special prosecutors to be questioned over allegations of corruption at the firm.

Lee Kun-hee, chairman of the company, the country's largest conglomerate, is being questioned in regard to an investigation that started in January.

Samsung is accused of operating a 200bn won ($215m; 108m) slush fund to bribe prosecutors, judges and civil servants.

The company and Mr Lee continue to deny the accusations.

The investigations started after the allegations were made by former Samsung lawyer Kim Yong-Chul.

Prosecutors are due to end the investigations on 23 April, with the conclusions expected before the end of the month.

Best-known for its electronics unit, Samsung is also one of the world's largest shipbuilders.

It also has businesses in the financial, chemical and entertainment industries.

With a global workforce of 754,000, it enjoys annual profits of more than $14bn.

Other Reports on Samsung
Date Issue Company Report
17th Apr 2008 Fraud Investigation Samsung Prosecutors charge Samsung chief
7th Feb 2007 Other Issue Samsung Samsung settles price fixing case
22nd Mar 2006 Questionable Practice Samsung Samsung men 'admit' price fixing
7th Feb 2006 Positive Work Samsung Samsung to give $825m to charity

Related Reports from the Electronics Industry
Company Issue Report
Siemens Other Issue Siemens fined after bribery probe
Sony Other Issue Sony sued by film maker
Intel Other Issue Intel in Europe anti-trust raids
Intel Other Issue Japan trade watchdog raids Intel
Infineon Other Issue Infineon rocked by bribery claims
Contact Us | Terms of Service | Privacy Policy | Add Report | Links
© 2006 | Corporate Ethics