FIRST AIRED: December 6, 2016

Nice work! Enjoy the show!


You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
More Info

COMING UP:Share Opener Variant 3



>> Titans of South Korean industry brought to heel over a presidential scandal. Samsung's Jay Y Lee headlining nine top business leaders from Hyundai to Lotte, getting grilled by parliament, Tuesday asking whether President Park Geun-hye or her associates squeezed them for millions of dollars. 53 corporations funneled money into foundations supporting Park's policies.
None of them accused of wrongdoing yet, but lawmakers worry the companies received favors in exchange. Lee testified first saying, the president did request support for so-called culture and sports related developments at a one on one meeting, but never discuss numbers. Lee insist he wasn't aware of Samsung $17 million donation, the most of any group, and that at first he wasn't even sure what Park meant by seeking support.
It's the first time Parliament's marched such a large group of corporate chiefs into a hearing, and it's expected to run well into the night. That’s speaks to the gravity of the scandal which seems likely to bring down President Park. The gauntlet of protestors berating corporate leaders walking into parliament Tuesday, just a taste of the anger that has seized the capital Seoul for the past six weekends.
The opposition party plans to bring a vote for Park's impeachment to the floor on Friday.