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SK Group chief summoned by South Korean prosecutors over political scandal

Saturday, March 18, 2017 - 00:46

South Korean prosecutors summon Chey Tae-won, chairman of the country's third-largest conglomerate SK Group, for questioning amid a widening corruption scandal that has led to the dismissal of President Park Geun-hye. Rough cut (no reporter narration)

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ROUGH CUT. NO REPORTER NARRATION. South Korean prosecutors questioned the chairman of the SK Group, Chey Tae-won, on Saturday (March 18) in connection with an influence-peddling scandal that brought down President Park Geun-hye. He is the latest corporate leader to come under suspicion and is likely to be asked about discussions between the group and the presidential Blue House in 2015, around the time he was released from prison when a four-year term for embezzlement was commuted. The SK Group is South Korea's third-largest chaebol, with units in chemicals, telecoms and semiconductors. Park, South Korea's first democratically elected leader to be removed from office, faces allegations that she colluded with a friend, Choi Soon-sil, to pressure big businesses to donate to foundations set up to back her policy initiatives. She is due to appear for questioning on Tuesday (March 21) although she and Choi have denied wrongdoing. An election to pick a new president will be held on May 9 and reform of South Korea's powerful family-run conglomerates, known as chaebol, is a major campaign issue.

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SK Group chief summoned by South Korean prosecutors over political scandal

Saturday, March 18, 2017 - 00:46