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Snapple co-founder dies at 85
SEOUL, April 4 (UPI) -- Samsung Group Chairman Lee Kun-hee said upon leaving a special prosecutor's office in Seoul Friday that he did not engage in bribery.
"I didn't," Lee responded when a reporter asked if he bribed officials, Yonhap reported.
Lee then blamed the media "who have passed on such things."
Prosecutors have already questioned Lee's wife Hong Ra-hee and several other family members, Yonhap reported.
The investigation began after Kim Yong-chul, a former Samsung attorney, alleged in January the company had set up a $202 million fund for bribing officials.
The scandal has South Koreans on edge. The company accounts for nearly a quarter of the nation's exports and gross national product, the report said.
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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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