Samsung

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Jakukyo Friel edited this page Jan 1, 2015 · 1 revision

The famous slush fund issue.

Samsung has created a large-scale slush fund" valued at some 200 billion won (about $216 million). According to Kim, the fund was used to routinely bribe prosecutors and politicians in hopes of making the investigations into Samsung's improprieties go away.

http://www.engadget.com/2007/11/26/samsungs-slush-fund-valued-at-216-million-says-former-legal-e/

In 2008/06, former Samsung boss Lee Kun-hee offered a public apology for this.

http://www.chinadaily.com.cn/cndy/2008-06/13/content_6757604.htm