What you should know about South Korea’s political scandal

The allegations involving South Korean President Park Geun-hye and her friend of 40 years, Choi Soon-Sil, has all the hallmarks of an old-fashioned scandal in the country. But things are nonetheless not looking good for the president.

The plotline is mundane: Choi allegedly extorted US$69 million from South Korean conglomerates (known as chaebol), including Samsung, Hyundai, LG, Lotte, and others, for personal use – in the form of donations to two foundations she controlled…

 

Source: What you should know about South Korea’s political scandal: the same old story – but with a twist?