Posted Mar 1st 2008 4:34PM by Ryan Block
Filed under: Misc. gadgetsWe haven’t heard too much lately about the South Korean government’s probe into the Samsung Group’s alleged corruption and influence in the government, but the AP is now reporting those bribes were emanating from a $213 million slush fund the company supposedly set for use in swaying government officials. Various executives have been in and out of questioning with special prosecuters, including Samsung vice chairman Lee Hak-soo, top strategic planner Kim In-joo, and the chairman’s son, Lee Jae-yong, who is an executive and apparently viewed as the eventual successor to the company when his father, Lee Kun-hee, hangs up his money-stuffed envelopes. Apparently dirty deeds can’t be done dirt cheap anymore, but they can still be done when you’re the top consumer electronics manufacturer in the world.

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