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Samsung head steps down amid scandal

announcements | corruption | financial | lee | samsung | scandal | tax evasion

Rocked by scandal and fraud investigations, Samsung's CEO Lee Kun-hee has announced his resignation as Chief of Samsung. Following a tax evasion indictment, Lee will be relinquishing control of the Samsung Group after 20 years at the helm. "(I) deeply apologise for causing concern to the nation and will take full responsibility for that," said Lee. Lee's [...]

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