26.11.2007 11:06 Uhr, Quelle: Engadget

Samsung's slush fund valued at $216 million, says former legal executive

Filed under: Misc. GadgetsWe're not sure what Samsung did to invite the wrath of Kim Yong-chul, nevertheless, the former Samsung legal executive is blowing his whistle again. In a national news conference televised in South Korea this morning, Kim stated that "Samsung has created a large-scale slush fund" valued at some 200 billion won (about $216 million). According to Kim, the fund was used to routinely bribe prosecutors and politicians in hopes of making the investigations into

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