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Samsung Electronics says it did not provide any illegal financial support
March 24, 2017 / 2:44 AM / 6 months ago

Samsung Electronics says it did not provide any illegal financial support

Shareholders walk past the logo of Samsung Electronics before their general meeting at a company's building in Seoul, South Korea, March 24, 2017. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd (005930.KS), one of several South Korean companies caught up in a political influence-peddling scandal, said on Friday it did not provide any illegal financial support.

Samsung Group [SAGR.UL] leader Jay Y. Lee was indicted by a South Korean special prosecution team in February on charges including bribery. The bribery scandal led to the downfall of President Park Geun-hye, who is accused of soliciting funds from firms such as Samsung Electronics in support of her policies.

Lee, Samsung and Park have all denied wrongdoing.

Reporting by Se Young Lee; Editing by Paul Tait

Our Standards:The Thomson Reuters Trust Principles.
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