What's Up Korea?

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Wednesday, October 31, 2007

Samsung feels betrayed

Samsung is seized with ‘a feeling of betrayal’ after the bombshell dropped by its former core member. One executive at the strategic management office said “regardless of the authenticity of what he said, the fact that one of the core members opened his mouth is shocking in itself. Something that can’t be possibly happening in our company culture happened.”

It is known that Samsung tried its best to stop him from revealing what he said. It went so far as to send vice CEO Lee Hak-soo and president Kim In-joo to his house to, according to the company, ‘hear what lawyer Kim wanted, not to appease him or strike any deal with him.’

Meanwhile the prosecution office said it will decide on whether to launch an investigation into Samsung’s alleged slush fund scandal after thoroughly looking into the case. But within the prosecutors, the need to probe into the matter is gaining ground.

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