In October of 2007, the biggest scandal in modern Korean history broke in Seoul when a former Samsung top lawyer, acting through a Catholic priests' organization, accused the Samsung Group of maintaining as many as 1,000 illegal accounts in a slush fund that managed as much as US$7.5 billion off the books. Subsequently it transpired that Samsung had allegedly paid bribes to virtually every segment of Korean government and society – politicians, administration figures, judges, journalists.
The Elephant in Korea's Room
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In October of 2007, the biggest scandal in modern Korean history broke in Seoul when a former Samsung top lawyer, acting through a Catholic priests' organization, accused the Samsung Group of maintaining as many as 1,000 illegal accounts in a slush fund that managed as much as US$7.5 billion off the books. Subsequently it transpired that Samsung had allegedly paid bribes to virtually every segment of Korean government and society – politicians, administration figures, judges, journalists.
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