SEOUL, Nov. 23 (UPI) -- The Seoul offices of Samsung and South Korea's National Pension Service were raided by prosecutors Wednesday as a government corruption scandal grows.
Samsung's Seoul headquarters was raided earlier this month in the corruption investigation of South Korean President Park Geun-hye, but Wednesday's raid was for information about a controversial merger last year between Samsung's construction subsidiary Samsung C&T and an affiliate business, Cheil Industries. Shareholders objected to the deal at the time, saying it would only benefit the family of Samsung Group owner Lee Kun-hee. The National Pension Service, a stockholder in both companies, approved the merger.