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South Korean Prosecutors Reportedly Raid Samsung Offices Amid Political Scandal

© REUTERS / Kim Hong-Ji/The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, in this file photo taken on April 4, 2016.
The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, in this file photo taken on April 4, 2016. - Sputnik International
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South Korean prosecutors raided Samsung headquarters following the corruption scandal in the country, local media reported Tuesday.

Choi Soon-sil, a long-time friend of the South Korean President Park Geun-hye, leaves after attending an investigation to determine an arrest warrant's validity at a court in Seoul, South Korea, November 3, 2016. - Sputnik International
Asia
Former Secretary of South Korean President Arrested Amid Political Scandal
MOSCOW (Sputnik) — Prosecutors suspect the company in provision of illicit financial favors to the daughter of the President Park's associate Choi Soon-sil, the Yonhap news agency reported. Samsung allegedly sent 2.8 million euros ($3.1 million) to a company run by Choi to finance equestrian training of her daughter, according to the news agency.

On October 24, media reported that Choi Soon-sil, a friend and "shadow adviser" of the president, allegedly received drafts of speeches and presidential documents, which could contain confidential information, though she had never held a public post. The revelation caused a massive anti-government protest in the country, with people calling on the president to step down.

Park is also suspected of involvement in raising funds for two nonprofit foundations dedicated to promotion of South Korean culture and sports, while president’s associate Choi is suspected of money misappropriation from these foundations.

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