Wednesday November 23, 2016

Samsung Offices Raided by South Korean Prosecutors

According to this article, Samsung's offices were raided by the authorities yesterday but no one is really sure why. I wonder if they brought the bomb squad with case there were any phones on the premises. big grin

Prosecutors on Wednesday raided the offices of the Samsung conglomerate as a scandal surrounding the country’s president and her top advisers crept deeper into the nation’s largest business group. Prosecutors conducted a daylong sweep of the Samsung headquarters in the Gangnam neighborhood of Seoul. At the same time, prosecutors raided the offices of South Korea’s National Pension Serviceآ—the world’s third largest, with about $460 billion in assets, and the largest shareholder in many of South Korea’s biggest companies.