Financial Times FT.com

Leading executives quit in Samsung upheaval

By Song Jung-a in Seoul

Published: April 23 2008 03:00 | Last updated: April 23 2008 03:00

Samsung, South Korea's largest conglomerate, suffered the biggest upheaval in its corporate history yesterday when four of its top executives, including the chairman, suddenly resigned after a year of allegations of financial wrongdoing.

Lee Kun-hee, group chairman, said he would take "full responsibility" for his indictment last week for tax evasion and breach of trust by resigning immediately.

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