SEOUL, Aug. 18 (Korea Bizwire) — An independent corporate compliance oversight committee of Samsung Group recommended Friday the country’s biggest conglomerate rejoin a business interest group that it withdrew from years ago amid a high-profile corruption scandal involving its de facto leader Lee Jae-yong and the ousted former President Park Geun-hye. The committee, however, said [...]
SEOUL, March 11 (Korea Bizwire) — Samsung Group’s independent compliance committee on Wednesday urged group heir Lee Jae-yong to apologize over issues related to his succession and address problems regarding the conglomerate’s labor union policy. The seven-member committee said it sent a letter of suggestion to Lee — Samsung Electronics vice chairman and the de-facto [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group said Thursday that it will strengthen its compliance programs by forming a groupwide committee dedicated to better complying with its own internal structure and related laws and regulations, as its key executives, including the group’s de facto heir Lee Jae-yong, were embroiled in [...]