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Samsung Caught Bribing Government Officials

Posted by Zonk on from the allegedly-corporations-can-be-corrupting-influences-allegedly dept.

Dekortage writes "Allegedly, electronics giant Samsung Electronics attempted to bribe a South Korean government official with 5 million won (US$5,445). Ironically, the official was Lee Yong-chul, who was a presidential monitor against corruption at the time. This is the latest allegation against Samsung, which was recently accused of running 'a vast network of bribery through the government, the judiciary branch and the news media' that reaches all the way to South Korean President Roh Moo Hyun."

7 of 136 comments (clear)

  1. I want my share by telchine · · Score: 5, Funny

    Who's going to pay me not to criticise them in my comment?

  2. What they didn't mention by swb311 · · Score: 5, Funny

    That it was $5,000 worth of old Samsung CRTs.

  3. Bribery? In Southeast Asia? by b96miata · · Score: 4, Funny

    This is unheard of. We must stop samsung before this sort of behavior spreads and becomes endemic to countries in the region.

  4. 911 by chiefer · · Score: 2, Funny

    no wonder my Samsung cell keep dialing 911 inadvertently...

  5. Don't worry... by localman · · Score: 2, Funny

    ...the market will work it out

  6. Re:Has Samsung learned nothing from the U.S.?!?! by elrous0 · · Score: 2, Funny
    This guy wasn't a business acquaintance though, he was a government official (charged with rooting out government corruption, no less). And they weren't even smart enough to give him a GIFT (like jewelry or a TV or something). It was an actual honest-to-god pile of cash.

    I'm pretty sure bribing government officials with large bundles of cash is legally frowned on in most industrialized countries.

    --
    SJW: Someone who has run out of real oppression, and has to fake it.
  7. Sales poor? by lymond01 · · Score: 2, Funny

    I read in Time magazine (yes, the near-leftist weekly reminder of recent pop history) that "Americans purchase 7600 Samsung LCDs per day". I'm guessing that is both TVs and monitors. Still...per day. I think in the most profitable stage of my burgeoning sales career, I only sold 15 cups of lemonade in one day. Perhaps if I'd bribed local officials....