It appears as though LG doesn’t require its executives to maintain a level of maturity that other corporations do. Prosecutors in South Korea has indicted one of LG’s top executives for allegedly vandalizing some high-end washing machines that were going to be displayed at a trade show in Germany last September. The reason the executive did this was because the machines were manufactured by the company’s biggest rival: Samsung.
A top LG Electronics Inc. executive has been indicted by Seoul prosecutors for allegedly vandalizing several high-end washing machines manufactured by rival Samsung Electronics Co. An LG Electronics spokeswoman said Sunday that Jo Seong-jin, head of the company’s home-appliance division, has been indicted on charges of deliberately damaging four Samsung “Crystal Blue” washing machines ahead of a trade show in Germany last September. Mr. Jo has also been charged with defamation and obstruction of business, she said. Two other company executives have been indicted on similar charges over the same incident, the spokeswoman said. “It is questionable whether there is sufficient evidence to prove that the president of a global company deliberately destroyed the machines where employees of the competing company were present,” said Ham Yoon-keun, a lawyer for Mr. Jo, according to a statement provided by LG on Sunday.