THE INVESTOR

메뉴열기
April 08, 2020

Samsung committee advises heir to apologize to public

PUBLISHED : March 11, 2020 - 16:56

UPDATED : March 11, 2020 - 16:56

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

Samsung Group’s compliance monitoring committee, led by former Justice Kim Ji-hyung, said Wednesday it has advised heir Lee Jae-yong and seven affiliates to issue a public apology for past wrongdoings concerning leadership succession plans.

The committee has sent a letter setting forth its recommendations to Vice Chairman Lee and the affiliates -- including Samsung Electronics, Samsung C&T and Samsung Life Insurance.

Regarding the questionable practices concerning the power transfer from Chairman Lee Kun-hee to his son, the committee said the heir apparent should apologize and promise not to repeat his ethical violations. 

Samsung Electronics Vice Chairman Lee Jae-yong(Ahn Hoon/The Investor)



“The committee’s view is that the past wrongdoings were associated with leadership inheritance at the group,” it said.

It also advised Samsung affiliates to reflect on their actions and apologize for failing to follow labor laws and recommended that Lee should himself declare that Samsung would no longer remain “labor union-free.”

Addressing criticism that the committee was created for the sake of Lee’s upcoming trial, the body said he and the affiliates should take all possible actions and make a public declaration so as to dispel any doubts that are lingering.

The committee requested replies from Lee and the companies within 30 days.

By Song Su-hyun/The Korea Herald (song@heraldcorp.com)

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.