Business Standard

Former Samsung vice chief summoned over bribery allegations

IANS  |  Seoul 

Prosecutors said on Wednesday they have ordered a former of to undergo questioning over alleged involving former

Lee Hak-soo, who headed the now disbanded Samsung control tower between the late 1990s and 2000s, was summoned to appear at the on Thursday, according to the prosecution.

The prosecution raided his home last week as part of the probe, news agency reported.

Lee, 72, was expected to be grilled over his involvement in Samsung's alleged payment of fees to a US firm for DAS, a South Korean which is owned by former Lee's eldest brother but is suspected of being possessed actually by the former

DAS raised a suit against an investment advisory firm there, seeking to recoup its 14 billion-won ($13 million) investment in the company.

Akin Gump, the firm that took the DAS' case, already had Samsung as one of its clients.

Prosecutors suspect the payment was a bribe from Samsung in return for a favour from the since the tech behemoth had no connection with DAS.

Given the timeline of the events, the prosecution suspects that it may have been related to the special pardon of Samsung granted by the former President in 2009.

was convicted of embezzlement and other charges in a slush fund scandal.

DAS was also under investigation over suspicion that it created a 12 billion-won slush fund for the former President, whose five-year term ended in early 2013. However, has denied the accusations.



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First Published: Wed, February 14 2018. 15:02 IST