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Having its leader named as a bribery suspect is the last thing Samsung needs right now. The company continues to dig itself out of the troubles from the massive recall of its defective Galaxy Note 7 smartphone. A Samsung Group representative declined to comment. South Korea's government has been in an uneasy state over allegations that President Park confided in her friend Choi, who has no official role in the government. Choi in turn has been accused of extorting millions in bribes. Prosecutors have indicted Choi and two of Park's former aids for extortion, fraud and divulging classified information. Millions of protesters have gathered on the streets to demand Park's ouster, and the Korean National Assembly last month voted to impeach her.

The parent company of Samsung Electronics became ensnared in the "Choi-gate" corruption probe facing Park a few months ago, Its offices have been raided several times on suspicion that the presidential office influenced the decision by South Korea's state-run pension fund to back Samsung's merger plan last year, Samsung Group has many various holdings along with its electronics business, Last year, it completed an $8 billion merger between its C&T Corp, construction and trading business and Cheil Industries fashion and chemicals business to solidify the Lee family's hold on the company, Combining C&T and Cheil gave the younger Lee a bigger stake in the iphone 6 screen protector tesco companies, Some shareholders contested the merger, but it was approved in July 2015..

The South Korean pension fund, which held an 11.6 percent stake in Samsung C&T and a 5 percent stake in Cheil Industries, was important in approving the merger. Authorities now are looking at whether President Park pressured the fund to back the merger in return for Samsung giving favors to Park's friend and longtime confidante Choi. Lee testified during a National Assembly hearing last month that he didn't play a role in Samsung's decision to make $17 million in donations to Choi, according to The New York Times. "He also said that the donations were not voluntary, suggesting that the company was a victim of extortion, not a participant in bribery," the publication said.

Along with the donations, Samsung also signed an $18 million contract with a sports management company Choi ran in Germany, the Times said, as well as gave $1.3 million to a winter sports program run by Choi, Update at 2:20 p.m, PTwith Samsung Group declining to comment, CNET Magazine: Check out a sampling of the stories you'll find in CNET's newsstand edition, right here, Tech Enabled: CNET chronicles tech's role in providing new kinds of accessibility, Check it out here, A special prosecutor has accused Jay Y, Lee, the de facto head of Samsung Electronics' parent company, of bribery in exchange iphone 6 screen protector tesco for political favors..

Samsung's involvement in the "Choi-gate" corruption probe facing South Korean President Park Geun-hye may go all the way to the top of the company. A special prosecutor has named Jay Y. Lee, the vice chairman of Samsung Electronics and the de facto head of the organization's parent company (Samsung Group), as a suspect in a bribery investigation, according to Bloomberg. Investigators have also asked parliament to file perjury charges against Lee over testimony he gave to South Korea's National Assembly last month. He will be called for questioning at 9:30 a.m. local time Thursday, the publication said.