Kwon

A view of the state prosecutor's offices in Podgorica, Montenegro. Photo: EPA/BORIS PEJOVIC

On Friday, Montenegro's prosecution charged Do Kwon and Han Chang-hoon with falsifying their ID after they were arrested a day before at Podgorica airport.

Samsung CEO Kwon Oh-hyun resigned, the reason he said was that the South Korean giant was facing an "unprecedented crisis," the BBC reported.

Kwon's resignation came after Samsung Electronics's profit is expected to grow by 26.65% in the third quarter.

The company is also trying to overcome the corruption scandal that sent the company chief to jail.