South Korean prosecutors raided Samsung's office for the second time today Electronics in Seoul, as part of an investigation into the political scandal involving President Park Guen-hye.
The Samsung Future Strategy Office is the stronghold control of the Samsung Group, and is headquartered in Samsung Electronics in Seoul Gangnam.
Samsung is reported to have given money to the daughter of Choi Soon-sil, a close friend of President Park. Choi has been imprisoned as he used his influence to influence national affairs with bribes from various groups.
The South Korean company is said to have given ₩3000000000 (about 3 millions dollars) to Choi through a company called Widec Sports based in Germany, με την ονομαστική δικαιολογία την support of Choi's daughter's equestrian training.
Authorities launched a second raid to gather evidence that Samsung tried to use Choi's influence in the country's political authorities (Choi has a large stake in Samsung C&T) to vote in favor of merging the company with Cheil. Industries that took place last year.
The merger was finally approved and Samsung defeated Elliott Associates of the USA. The newly formed Samsung C&T is now the de facto leading company of the Samsung group and has a large share of Samsung Electronics.
This merger was seen as a way used by the ruling Lee to gain greater control over Samsung, the most important asset in the group.
Researchers are also looking at whether there has been some organized effort on the part of Samsung for bribes through Choi aimed at political influence.