South Korean Prosecutors Raid Samsung Offices Amid Ongoing Fraud Probe - Reports | WHAT REALLY HAPPENED


South Korean Prosecutors Raid Samsung Offices Amid Ongoing Fraud Probe - Reports

South Korean prosecutors raided on Thursday offices of the Samsung Group as part of an investigation into suspected accounting fraud on the part of Samsung BioLogics, the company's biopharmaceutical arm, Yonhap news agency reported.

The raids were carried out because the Financial Services Commission (FSC) had accused Samsung BioLogics of intentionally violating accounting rules, according to the Yonhap news agency.

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