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Company Samsung [Company Info]
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Date Issue Title
5th Apr 2008 Fraud Investigation Prosecutors question Samsung boss

Report
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

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