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An $830,000 horse, a presidential scandal and Samsung succession

Investigators are trying to figure out if Samsung made donations to benefit president's friend

Samsung President Jay Y Lee confirmed that Korea’s largest conglomerate provided a one-billion won horse used for equestrian lessons by Choi Soon-sil’s daughter. Photo: Reuters
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Samsung President Jay Y Lee confirmed that Korea’s largest conglomerate provided a one-billion won horse used for equestrian lessons by Choi Soon-sil’s daughter. Photo: Reuters

Jungah LeeHooyeon Kim
Samsung Group is getting pulled deeper into the scandal engulfing South Korea’s president with prosecutors homing in on whether an $830,000 horse and millions in other payments were made to smooth succession at the top of the country’s largest company.
 
Special prosecutors summoned two top Samsung executives to answer questions Monday about the company’s role in an alleged influence-peddling scheme that has already led to President Park Geun-hye’s impeachment. The vice chairman and president of Samsung’s corporate strategy office have not been accused of wrongdoing, though that status may change, according to a spokesperson for the prosecutor.
 
Investigators

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