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Prosecutors raid Samsung offices

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From Times Wire Reports

Special prosecutors raided the Samsung Group headquarters in a widening investigation into allegations that the massive conglomerate set up a slush fund to bribe influential figures.

Yim Jun-seok, a Samsung spokesman, confirmed that investigators entered the strategic planning office at the conglomerate’s headquarters in Seoul. He provided no details.

The inquiry came after Kim Yong-chul, a former top legal affairs official at Samsung, alleged that the conglomerate set up a $215-million slush fund for paying bribes. Samsung has denied the allegations.

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