With Samsung chairman Lee Senior on his deathbed, the family wanted Lee Junior to take the reins. To ensure that he does, Samsung may have paid Choi Soon-Sil’s foundations and given Choi’s daughter a ‘gift horse.’ President Park, in turn, may have pressured a pension fund to approve a merger between 2 Samsung subsidiaries. We provide an in-depth analysis of how and why this merger was absolutely necessary for the Samsung scion, who happens to be Lee Senior’s only son. Clearing the way for Junior to be at the helm required some juggling of family ownership stakes in related entities. If the charges are true, Samsung may have been a partner in crime, a co-conspirator who tried to bribe the sitting president.  [Read more …]

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