Obey the law on heir’s employment restrictions: Samsung panel

Seoul: Samsung Group’s independent compliance committee has recommended the company to follow applicable laws regarding employment restrictions on Vice Chairman Lee Jae-yong, the imprisoned de-facto leader of South Korea’s top conglomerate.

After hours of discussion, the compliance committee concluded that Samsung Electronics should obey relevant laws and prevent any illicit activities when the company proceeds with Lee’s case.

However, it said that the conditions and extent of employment regulations are vague, adding that the committee’s latest decision does not necessarily mean that it advises Samsung Electronics to remove Lee from his post.

“Lee’s employment issue is something that the committee cannot ultimately decide,” an official with the compliance committee said in a report by Yonhap news agency.