At least four other executives will leave their jobs at Samsung , which has annual sales of nearly $ 160 billion and accounts for 18 percent of South Korea 's economic output . Lee Group chairman Lee Kun - hee announces resignation , however . Lee 's decision came a few days after his indictment amid corruption charges . Lee was indicted for tax evasion and breach of trust . Prosecutors say indictment relates to a plan to transfer control of the firm to his son .
Lee Group chairman Lee Kun - hee announces resignation , however . Lee 's decision came a few days after his indictment amid corruption charges . Lee was indicted for tax evasion and breach of trust . Prosecutors say indictment relates to a plan to transfer control of the firm to his son .