South Korean president pardons Samsung heir for bribing predecessor

South Korean president pardons Samsung heir for bribing predecessor

The move, which has overwhelming public support in the country, allows Jay Y. Lee to formally resume control of the conglomerate.

South Korea’s President Pardons Samsung Heir Convicted of Bribery

South Korean President Yoon Suk-yeol on Friday issued a pardon for Samsung chief Lee Jae-yong, who was released on parole in 2021 while serving a jail term for a bribery case, along with Lotte Group Chairman Shin Dong-bin and other key business figures. Nearly 1,700 people were included in the list of pardons. Yoon said the amnesty was aimed at restoring the economy and stabilizing the lives of citizens, Yonhap News Agency reported. This will ma…

South Korean authorities pardoned Samsung Vice President

The South Korean government will try to overcome the economic crisis with the help of Lee Jae-yong.

South Korea president pardons Samsung Electronics vice chairman

South Korean President Pardons Samsung Vice President Convicted of Bribery

The president. South Korea pardons Samsung executive after bribe-fraud case

The 54-year-old successor and de facto executive of Samsung Group, who was prosecuted for graft and fraud charges last January last year, was pardoned by the then South Korean president on August 12, according to Yi Jae Young.