Samsung Welstory Headquarters, Seongnam-si, Gyeonggi Province [Image source=Yonhap News]

Samsung Welstory Headquarters, Seongnam-si, Gyeonggi Province [Image source=Yonhap News]

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[Asia Economy Reporter Kim Hyung-min] The prosecution indicted Samsung Electronics, Samsung Welstory Corporation, and former and current executives including former Future Strategy Office chief Choi Ji-sung on the 16th for allegations of 'preferential allocation of meal service contracts' at the group level.


The Fair Trade Investigation Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Lee Jung-seop) filed non-detention indictments against them for violating the Fair Trade Act.


They are accused of unfairly supporting Samsung Welstory by channeling meal service contracts worth trillions of won from four affiliates?Samsung Electronics, Samsung Display, Samsung Electro-Mechanics, and Samsung SDI?between 2013 and 2020. They are also charged with destroying evidence by ordering company employees to delete related documents containing incriminating details of the crime.



However, the prosecution judged that it is difficult to see that the Samsung Group affiliates suffered financial damage due to this preferential allocation of meal service contracts, and dismissed the embezzlement charges filed by civic groups.


This content was produced with the assistance of AI translation services.

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