South Korean prosecutors invaded a second time at Samsung Electronics's office in Seoul, as part of a search for political scandal with President Park Guen-hye.
The Samsung Future Strategy Office, is the bastion of control of the entire Samsung Group, and is located at the headquarters of Samsung Electronics in Gangnam of Seoul.
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 reportedly gave ₩3000000000 (about $3 million) to Choi through a German-based company called Widec Sports, under the nominal pretext of supporting equestrian sports. educationof Choi's daughter.
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 eventually approved and Samsung beat out Elliott Associates of the USA. The newly formed Samsung C&T is now the de facto parent company of the Samsung group and has a large stake in 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.
