BREAKING NEWS

S.Korea prosecutors raid Samsung Electronics in probe over scandal

By REUTERS

NOVEMBER 8, 2016 04:17

SEOUL - South Korean prosecutors raided the offices of Samsung Electronics on Tuesday as part of a probe over a political scandal involving President Park Geun-hye and her friend who is alleged to have exerted improper influence in state affairs.

A prosecution official told Reuters the search is related to the scandal involving the president's friend, Choi Soon-sil, but declined to comment further.

South Korea's Yonhap News Agency reported prosecutors are looking into whether Samsung improperly provided financial assistance to Choi's daughter.

Samsung Electronics, reeling from a $5.4 billion profit hit after it was forced to discontinue its fire-prone Galaxy Note 7 smartphone, said prosecutors visited its office but declined to comment further.

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