27-02-2017 12:04 via theverge.com

Samsung promises stronger transparency and oversight after bribery scandal

Samsung Electronics says it is taking measures to enhance transparency and oversight over donations made to third parties, following the arrest of Samsung Group heir Lee Jae-yong in connection with a bribery investigation that led to the impeachment of South Korean President Park Geun-hye.In a press release on Friday, Samsung Electronics said that any donations or corporate social responsibility funding totaling at least 1 billion won ($882,050) will be subject to approval from its board of dire
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