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General

Samsung vice chair apologises for succession scandals, promises to allow unions

Thursday 7 May 2020 | 09:06 CET | News
Samsung vice chairman Lee Jae-yong held a press conference on 6 April and made what Yonhap News calls a rare public apology about the scandals surrounding his succession. Lee, the eldest son of Samsung Group chief Lee Kun-hee, then vowed not to pass any company "managerial rights" over to any of his heirs and to allow labour unions. "Samsung has not strictly complied with laws and ethics, and also has been inadequate in communicating with society. (…) All of these came from our inadequacy, and it's my fault. I apologize," Lee said.   

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Categories: General
Companies: Samsung
Countries: Korea, Republic of / World
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