Activists said Wednesday a fifth weekly protest in Seoul on Saturday would draw between 1.5 and two million people, which would make it the largest ever public demonstration in South Korea.
Samsung offices raided over influence-peddling scandal South Korea:- South Korean prosecutors Wednesday attacked workplaces of the Samsung Group and the state annuity subsidies as the gadgets goliath is dragged assist into a snowballing impact hawking embarrassment overwhelming President Park Geun-Hye.
South Korean investigators have since widened their anti-graft probe into Park's aides and businesses, raiding the offices of Samsung Group, South Korea's largest family-run conglomerate, and Lotte Group this week. The merger was narrowly approved at Samsung C&T's general shareholders' meeting in July.
Choi, whose friendship with the president dates back to the 1970s, is accused of using the friendship to prod 53 conglomerates, including Samsung, into donating 77.4 billion won (USD65.9 million) to two non-profit foundations controlled by Choi.
Choi, who was indicted on Sunday, has been charged with pressuring over 50 companies to donate over 77 billion won to Mir and K-Sports foundations late past year.
GETTY IMAGES On November 12 thousands of South Koreans protested demanding President Park Geun Hye step down
Samsung offices were raided by the police officers due to a merger from 2015 between the electronic giant and an associate known as Cheil Industries. The Samsung funding was aimed at helping promising equestrians train in Germany in preparations for the 2020 Tokyo Olympics. The Yonhap news agency reported that investigators were probing NPS's decision to approve the $8 billion merger of Samsung C&T Corp and Cheil Industries previous year. They said that she had a huge role in the scandal, which has caused chaos in South Korea.
South Korean President Park Geun-hye's approval rating fell to 4 percent amid a deepening political crisis, marking an all-time low for any democratically elected leader in the country, according to an opinion poll released on Friday.
It's not the first time Samsung has been raided in relation to the investigation into Park and Choi either. It helped Lee, a grandson of Samsung's founder and a vice chairman at Samsung Electronics, strengthen his grip on Samsung Electronics, the group's crown jewel, without spending his own money.
The NPS held around 10% of Samsung, making it the largest shareholder of the company and a crucial figure in pushing the merger through. An SK Group spokesman had no information on the matter and a prosecution spokesman was not available for comment. Prosecutors suspect that a further 3.4 billion won was paid to Choi through Widec Sports, a German company from whom she bought horses and equestrian lessons for her daughter.