Presidential Aide Reveals Samsung Bribery Attempt

Law360, New York (November 20, 2007, 12:00 AM EST) -- Fresh allegations have surfaced in the Samsung Group corruption scandal, after a former legal adviser to South Korean President Roh Moo-hyun revealed on Monday that the company once offered him a cash bribe.

Lee Yong-Chul made his claim public at a press conference held by an alliance of 60 civic organizations campaigning against Samsung, the country's largest company, and its allegedly illegal activities.

The alliance is called the National Movement to Unveil Illegal Activities by Samsung and Its Chairman and includes groups such as the People’s...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.