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Samsung Electronics Vice President Lee Jae-yong will attend a hearing on the 18th afternoon at the Seoul High Court in Seocho-gu, Seoul, to drop Gukjeong Nongdan’s case. By Kim Hye-yoon, Staff Reporter [email protected]
“It’s awful.” On the 18th, the revocation of the government’s Nongdan by Samsung Electronics Vice Chairman Lee Jae-yong was sentenced to two years and six months in prison. A senior executive from Samsung Electronics said in a conversation earlier this day: “Because the role of the owner and manager is limited, opportunities are inevitably lost in new business or global competition.” Another Samsung Electronics official said: “Most of the employees watched the news calmly in the office. I respect the judgment of the court, ”he said, but he was concerned about the commercial gap due to the absence of the owner and the manager. The business community also expressed concern. The National Federation of Entrepreneurs (Old Seizures) commented on the day and said: “I am very sorry for the judgment of moderation.” Considering Samsung’s participation in the Korean economy and its status as a global company, the contraction of Samsung’s business activities due to this decision I am concerned that it will have a negative impact on the entire Korean economy beyond individual companies. ” On the other hand, civic groups criticized the sentence of being sentenced to two years and six months in prison, which was reduced from five years in the first trial. Participación Solidaria commented in the session, “2 years 6 considering the impact of the crime on our economic order, the seriousness and repetition of criminal acts that mobilized companies, the social confusion caused by the impeachment with Gukjeong Nongdan, and the purpose of the destruction and return of the Supreme Court. The sentence of months in prison was very unfair ” The Citizens Federation for the Practice of Economic Justice (Kyungsil-ryon) also said: “The Samsung Compliance Committee applied a lesser ruling that the five-year sentence of the first trial due to contradictory logic, such as assessing Vice President Lee Jae-yong’s willingness to manage compliance despite the negligible effect of Samsung’s Compliance Committee. ” It was an opportunistic ruling that was so urgent to maintain and notify that the judiciary destroyed justice itself ”. On the other hand, Samsung Electronics’ stock price on this day showed a flurry, like a sharp drop and then rallied again immediately after the news of Vice President Lee’s legal arrest. Samsung Electronics ended up trading at 85,000 won, down 3.41% (3,000 won) from the battlefield in the stock market on this day. By Song Chae-kyung, Staff Reporter [email protected]
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