“Samsung’s No. 2 man” wants to resign, amidst corruption scandal

- Adrian Ungureanu
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Choi Gee-sung, knows as “Samsung’s No. 2 man” in the group, allegedly decided to leave his position within the group to take responsibility for the nation’s largest conglomerate’s involvement in the corruption scandal involving President Park Geun-hye.

Together with Choi who has been leading the Future Strategy Office, the group’s de facto control tower, President Chang Choong-ki at the team also offered to resign, sources said.

Their resignations are likely to be announced next month when Samsung unveils a set of reform plans, including the dissolution of the control tower office.

The departure of the two senior executives comes after the arrest of Samsung Electronics Vice Chairman Lee Jae-yong last week on bribery charges. The Samsung heir is suspected of ordering his aides to offer financial support, worth 43 billion won (US$36.30 million), to President Park’s confidante Choi Soon-sil in return for business favors in the process of the group’s pending leadership transfer to a new generation.

Some 200 executives and employees are working at the Future Strategy Office. Most of them are expected to be relocated to the affiliates they previously worked at before.

According to South Korean media, Samsung is likely to announce the reform plans when the special prosecutors’ probe ends on Feb. 28.