People Party: "Lee Jae-yong's Apology Should Not Be a Desperate Attempt to Avoid Punishment"

"If There Are Issues in the Management Succession Process, Legal Responsibility Must Be Taken"

Samsung Electronics Vice Chairman Lee Jae-yong is making a public apology on the 6th at the Seocho-dong headquarters regarding succession of management rights, non-union management, and communication with civil society. Photo by Moon Ho-nam munonam@

[Asia Economy Reporter Lim Chun-han] On the 7th, the People’s Party stated regarding Samsung Electronics Vice Chairman Lee Jae-yong’s public apology related to management succession and labor union issues, “Vice Chairman Lee’s apology should not be merely a desperate measure to avoid immediate punishment,” and added, “Regardless of the apology, if there are problems in the management succession process, they must be thoroughly investigated, and appropriate moral and legal responsibilities should be duly borne.”

People’s Party spokesperson Ahn Hye-jin said in a commentary on the same day, “Starting from Vice Chairman Lee’s public apology, I hope that not only Samsung but also the distorted corporate culture in our society will be corrected, leading to a new Republic of Korea filled with healthy companies that stand tall in the world,” expressing these views.

Spokesperson Ahn emphasized, “The separation of corporate ownership and management is a given,” and added, “To enhance corporate competitiveness suitable for the global era, it is necessary to open the era of professional managers, and this should serve as an opportunity to completely eliminate the outdated corporate management views that go against the flow of the times.”

Spokesperson Ahn also stated, “It cannot be denied that behind Samsung, a global top-tier company, lies a dark past of collusion between politics and business,” and said, “To eradicate deeply rooted collusion between politics and business, it is meaningless to demand only social responsibility and mature ethical management from companies. All political circles must realize that genuine reflection by political power and a corresponding shift in awareness are much more strongly required.”

This content was produced with the assistance of AI translation services.