Financial Times FT.com

Samsung insider adds detail to bribery claim

By Song Jung-a in Seoul

Published: November 27 2007 06:07 | Last updated: November 27 2007 06:07

A former lawyer at Samsung Group, whose allegations of bribery prompted fresh investigations into South Korea’s largest conglomerate, on Monday provided further details to back his claims that Samsung created billions of dollars worth of slush funds.

Kim Yong-chul claimed that many Samsung affiliates were involved in illegal book-keeping to cover up the slush funds.

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