Seoul: A minority shareholder rights group announced on Wednesday that its complaints against the chief executive officers of Samsung Electronics Co. and SK hynix Inc. regarding recently signed wage agreements have been assigned to a regional police agency located south of Seoul.

According to Yonhap News Agency, the Korea Shareholders Movement Headquarters lodged complaints with the National Office of Investigation on July 22 against Samsung Electronics CEOs Jeon Young-hyun and Roh Tae-moon, as well as SK hynix CEO Kwak Noh-jung. The complaints accuse these executives of breach of trust, asserting that performance bonuses funded by the companies' operating profits should not be subject to collective bargaining.

The group further stated that the complaint cases against Samsung and SK hynix have been transferred to Investigation Divisions 1 and 2 of the Gyeonggi Nambu Provincial Police Agency, respectively. They allege that the CEOs established a mechanism to divert corporate assets by agreeing to performance bonus demands without conducting a thorough review of the labor-management agreement.

Under the wage agreement finalized in May, Samsung is set to provide a special semiconductor performance bonus amounting to 10.5 percent of business performance earnings. Meanwhile, SK hynix operates a profit-sharing system that allocates 10 percent of the semiconductor division's operating profit to employee bonuses.