{"id":266183,"date":"2016-11-08T09:43:27","date_gmt":"2016-11-08T09:43:27","guid":{"rendered":"http:\/\/citifmonline.com\/?p=266183"},"modified":"2016-11-08T09:43:27","modified_gmt":"2016-11-08T09:43:27","slug":"samsung-raided-in-political-corruption-probe","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/11\/samsung-raided-in-political-corruption-probe\/","title":{"rendered":"Samsung raided in political corruption probe"},"content":{"rendered":"<p class=\"story-body__introduction\">South Korean prosecutors have raided the offices of Samsung Electronics as part of a probe into the political scandal around President Park Geun-hye.<\/p>\n<p>The prosecutors are investigating allegations that Samsung gave money to the daughter of Choi Soon-sil, a close friend of the president.<\/p>\n<p>Ms Choi is accused of using their friendship to interfere in politics and solicit business donations.<\/p>\n<p>Samsung confirmed the raids to the BBC saying they had &#8220;no further comment&#8221;.<\/p>\n<p>President Park has apologised for her ties to Ms Choi but faces mounting calls to resign.<\/p>\n<p>In this latest twist of the scandal that&#8217;s been rocking South Korea for weeks, prosecutors are investigating allegations that Samsung might have provided \u20ac2.8m euros ($3.1m, \u00a32.5m) to a company co-owned by Ms Choi and her daughter, to bankroll the daughter&#8217;s equestrian training in Germany.<\/p>\n<p>Prosecutors are also reported to have raided the offices of the Korea Equestrian Federation and the Korea Horse Affairs Association.<\/p>\n<p>Ms Choi was arrested on 3 November and charged with fraud and abuse of power.<\/p>\n<figure class=\"media-landscape has-caption full-width\"><span class=\"image-and-copyright-container\"><img loading=\"lazy\" class=\"responsive-image__img js-image-replace\" src=\"http:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/16956\/production\/_92220529_mediaitem92220528.jpg\" alt=\"Choi Soon-Sil\" width=\"976\" height=\"549\" data-highest-encountered-width=\"624\" \/>Ms Choi, a long-time friend of Ms Park&#8217;s, is the daughter of Choi Tae-min, a shadowy quasi-religious leader<\/span><\/figure>\n<p>Over the past days, tens of thousands of South Koreans have protested in the capital, Seoul, to demand the resignation of President Park over the corruption row.<\/p>\n<p>Ms Choi, a long-time friend of Ms Park&#8217;s, is the daughter of Choi Tae-min, a shadowy quasi-religious leader who was closely linked to Ms Park&#8217;s father, then-president Park Chung-hee.<\/p>\n<p>She is alleged to have pushed businesses to donate millions of dollars to foundations she controlled, helped choose presidential aides, and even picked the president&#8217;s clothes.<\/p>\n<p>Ms Park has since apologised on TV for allowing her long-standing friend inappropriate access to government policy-making. The president admitted she had let Ms Choi edit her speeches.<\/p>\n<p>President Park has already replaced her prime minster, reshuffled her cabinet and dismissed several aides, but there are growing calls for her resignation or impeachment.<\/p>\n<figure class=\"media-landscape has-caption full-width\"><span class=\"image-and-copyright-container\"><img loading=\"lazy\" class=\"responsive-image__img js-image-replace\" src=\"http:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/15379\/production\/_92250968_mediaitem92250966.jpg\" alt=\"South Korea's President Park Geun-Hye (4 Nov 2016)\" width=\"976\" height=\"549\" data-highest-encountered-width=\"624\" \/>Ms Park said she had &#8220;put too much faith&#8221; in her friendship with Ms Choi<\/span><\/figure>\n<p>The scandal has left Ms Park with an approval rating of just 5%.<\/p>\n<p>Choo Mi-ae, leader of the main opposition Democratic Party, said she did not believe the apology was genuine and called on her to accept a new prime minister recommended by parliament.<\/p>\n<p>Ms Park became her country&#8217;s first female president when she was elected in a close-run contest in December 2012.<\/p>\n<p>&#8211;<\/p>\n<p>Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korean prosecutors have raided the offices of Samsung Electronics as part of a probe into the political scandal around President Park Geun-hye. The prosecutors are investigating allegations that Samsung gave money to the daughter of Choi Soon-sil, a close friend of the president. Ms Choi is accused of using their friendship to interfere in [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":266186,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[107,106],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung raided in political corruption probe - Citi 97.3 FM - Relevant Radio. 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