seoul - The South Korean authorities on Tuesday (local time) in Seoul raided at Samsung Electronics. Prosecutors investigate according to Yonhap news agency that the company has provided financial support to the daughter of a confidante of President Park Geun-hye.
The president is currently embroiled in a political scandal surrounding the alleged interference of her confidante Choi Soon-sil with government affairs. Prosecutor is investigating allegations that Samsung converted 2.8 million euros proposed by a company of Choi and her daughter.
The money may be used according to Yonhap to pay for the horse training the daughter. She was previously a member of the national equestrian team from the Asian country.
The plaintiffs were seeking information on the relationship between Samsung and the Korean equestrian federation. That organization is suspected to have changed the rules to favor the daughter of Choi.