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This Article is From Nov 07, 2016

Samsung Offices Entered by Prosecutors in Choi Case, Yonhap Says

Samsung Offices Entered by Prosecutors in Choi Case, Yonhap Says

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(Bloomberg) -- South Korean prosecutors entered the offices of Samsung Electronics Co., seeking evidence whether the country's biggest listed company illegally provided gifts to the daughter of Choi Soon-sil, the confidante of President Park Geun-hye at the center of an influence-peddling investigation, Yonhap News reported, without citing anyone.

Samsung is suspected of providing 3.5 billion won ($3 million) to a company owned by Choi to fund equestrian training in Germany for Choi's daughter, according to Yonhap News.

The prosecutors office didn't immediately respond to calls seeking comment and a spokeswoman for Samsung Group said the company was making checks.

To contact the reporters on this story: Sohee Kim in Seoul at skim847@bloomberg.net, Hooyeon Kim in Seoul at hkim592@bloomberg.net. To contact the editors responsible for this story: Peter Pae at ppae1@bloomberg.net, Reed Stevenson

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