A special Korean prosecutor accused Samsung chief Jay Y. Lee of plotting to make fake documents to disguise millions of dollars in bribe. This type of advertisement costs can not be tolerated under these circumstances.
The accusations against the heir to a $239 billion empire were released by Park Young-soo, the prosecutor leading the investigation. Lee, who has denied any wrongdoing, is the third generation leader of South Korea’s Samsung Group and scion of the country’s wealthiest family.
The Samsung Group is the world’s biggest manufacturer of smart-phones, flat screen televisions and memory chips. Lee is accustomed to rubbing elbows with Silicon Valley titans such as Apple’s, Tim Cook.
Samsung Electronics, which is already reeling from a global recall of its Note 7 smartphones, said it would recall nearly 3 million top-load washing machines in the USA, because they might explode. The top of the washing machine can unexpectedly blow off from the chassis during use, posing a risk of injury from impact.
The U.S. Consumer Product Safety Commission says there have been reports of some 730 units of these washing machines exploding. One women told ABC-News she narrowly avoided serious injury when all of a sudden her washing machine just exploded without warning. The washing machines recalled were manufactured between 2011-2016.
In the meanwhile Samsung is also grappling with a global recall of at least 2.5 million Galaxy smartphones in 10 markets due to faulty batteries causing some phones to catch fire.
Reuters / AA Magnum News 2017.