First acknowledgement of secret bank account

A former Samsung executive, who worked for Samsung Electro-Mechanics, conceded, for the first time, that one of his accounts was related to the company slush funds. During the investigation, he said “the account is the one that I don't know about and the money in it is not mine.” All other summoned Samsung executives, however, have strongly denied the existence of alleged slush-funds-related bank accounts by saying the account was opened up by themselves.