In a move that’s been expected for some weeks, Samsung chairman Lee Kun-hee resigned his position at South Korea’s largest corporation following an indictment last week on fraud and tax evasion charges. Also stepping down are Samsung vice chairman Lee Hak-soo also announced his resignation, along with that of the chairman’s son, Lee Jae-yong, also a Samsung executive.
"We, including myself, have caused troubles to the nation with the special probe," Lee Kun-hee said at a news conference announcing the resignations today in Seoul. "I deeply apologize for that, and I’ll take full responsibility for everything, both legally and morally."
