Samsung chief questioned again

Published: April 11, 2008 at 8:13 AM

SEOUL, April 11 (UPI) -- The head of South Korea's Samsung Group was questioned again Friday by a special prosecutor probing alleged corruption in the nation's largest conglomerate.

Chairman Lee Kun-hee appeared before Cho Joon-woong a week after undergoing similar questioning for 11 hours, Yonhap reported.

The 66-year-old did not speak to reporters but his attorney said he would do so after the inquiry when a decision is expected on whether to indict Lee and, if so, on what charges.

The case came up after a former company attorney alleged Samsung had set up a $205 million slush fund and that it lobbied officials, judges and prosecutors, the report said. The allegations also maintain Lee had illegally transferred control of the group from Lee to his son in 1996.

Samsung has denied the allegations.

The report said the chairman's wife was questioned this month over allegations she used some of the so-called slush funds to buy expensive paintings.

There is concern in the country since Samsung reportedly accounts for nearly a quarter of the nation's exports and gross national product.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
NBA: Golden State 126, Indiana 107
Researchers identity heart attack trigger
Littell wins 'bad sex' literary award
South Korea's Nov. exports up 18.8 percent
Alcohol: A holiday hazard for teens
NFL: New Orleans 38, New England 17
World AIDS Day: AIDS faces funding drop
fark
Italian police turn their £150,000 Lamborghini Gallardo into a jump ramp for mini cars. (pics)
If an Amtrak train leaving Boston with 48 passengers going 60 miles per hour is due to arrive in...
Time again for gold coins to start showing up mysteriously in Salvation Army kettles. Yup, there's...
Not News: Woman leaves message telling her daughter she will miss a mortgage payment, to send her...
"Teen stabbed in Anaconda." Ouch
For the last time, people - if you're going to rob the Wendy's drive-thru, make sure your mom isn't...