SEOUL: Samsung Group said it will disband its corporate strategy office after a special prosecution probe ends, setting a timeline on a pledge to wind up a power centre that has been criticised for its role in South Korea’s graft scandal. NERVE CENTERKnown informally as the “control tower“, Samsung’s corporate strategy office is the nerve center of the $239 billion business empire since the office was created in December 2010. The corporate strategy office is the latest iteration of a Samsung control tower. Samsung on Monday declined to comment on how the conglomerate plans to perform the functions of the strategy office after it is disbanded. He said Samsung will likely re-create an office similar to the corporate strategy office in the future, albeit with reduced responsibilities in terms of protecting the Lee family’s interests.

Source: New Strait Times February 06, 2017 09:21 UTC