The court’s decision confirmed the Court of Appeal’s decision to remove all charges of integration of the two Samsung subsidiaries.
The Supreme Court of South Korea identified the head of Samsung Electronics Lee Je Ja John in the case of accounting fraud and manipulation of shares. Reuters reported it on Thursday, July 17.
The verdict confirmed the decision of the Court of Appeal to remove all charges of integration of ten -Year -two Samsung Subsidiaries -Samsung C&T and Cheil Industries.
Samsung’s lawyers said the court’s decision confirmed that the integration was legal. The Federation of Korean enterprises said the decision was removing basic legal freight along with Samsung and made under conditions of strengthening global competition in high -tech industries, such as artificial intelligence and semiconductors, as well as economic pressure from US trade tariffs.
Reminding, earlier the High Court of Seoul promotes the previous decision, deleted from the head of Samsung Electronics Board Lee Je Jae John all charges of fraud and manipulation of shares.
Prior to the abolition, the head of the company board threatened a five -a conclusion and a fine of 500 million won (341 thousand dollars).
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Source: korrespondent
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