Home KNN Business SAMSUNG HEIR APOLOGISES OVER CORRUPTION SCANDAL

SAMSUNG HEIR APOLOGISES OVER CORRUPTION SCANDAL

SAMSUNG HEIR APOLOGISES OVER CORRUPTION SCANDAL

The heir to the Samsung Empire has apologized for company misconduct including a controversial plan for him to ascend to the leadership of the world’s largest smartphone maker.

Lee Jae-Yong, the vice-chairman of Samsung Electronics and was jailed for five years in 2017 for bribery, embezzlement, and other offenses connected with the scandal that brought down South Korean president Park Geun-Hye.

The 51-year-old was released a year later on appeal but is currently undergoing a retrial.

Lee has now apologized because the public eye towards Samsung is still critical, all because of the shortcomings.

He promised never to take any actions that go against the law.