South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap


South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor <005380.KS>, and plan to question the de factor head of Samsung Group in a probe over a political scandal involving President Park Geun-hye, media reports said on Sunday.

Continue Reading Below

The prosecutors are investigating whether Park exerted improper pressure on "chaebol" conglomerate bosses to raise funds for two foundations at the center of an influence-peddling scandal involving a friend of hers, Yonhap said.

Officials at the prosecutors office could not immediately be reached for confirmation or comment. Hyundai Motor and Samsung Group could not immediately confirm the report.

(Reporting by Jack Kim, Ju-min Park and Hyunjoo Jin; Editing by Dan Grebler)