Two senior Samsung Group executives offer to resign: Yonhap
[SEOUL] Two senior Samsung Group executives have offered to resign to take responsibility for the conglomerate's involvement in the graft scandal involving South Korean President Park Geun-Hye, Yonhap news agency said on Friday, without citing sources.
The report said Vice-Chairman Choi Gee-Sung and President Chang Choong-Gi have offered to resign. Both executives were identified as suspects by the South Korean special prosecution in a graft probe that led to Samsung Group leader Jay Y Lee's arrest last week.
Yonhap did not say whether the executives have formally submitted their resignation or whether they will remain with the conglomerate in some other capacity. Samsung Group did not immediately comment on the report.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think
Hollywood animation, VFX unions fight AI job cut threat