South Korea to pardon Samsung’s Lee, other corporate giants

Summary by Ground News

South Korea’s president will formally pardon Samsung heir Lee Jae-yong, one year after he was released on parole from a prison sentence for bribing former President Park Geun-hye as part of the massive corruption scandal that toppled Park’s government, the justice minister announced Friday. The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery relating to his time leading the world's biggest smartphone and memory-chip maker. Lee's crimes were directly tied up in the corruption scandal that led to the imprisonment of former president Park Geun-Hye, in office from 2013-2017.

1 month ago·Suwon-si, Korea, Republic of

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Times of India

Samsung boss gets presidential pardon: South Korea justice minister

Billionaire Lee Jae-yong, who was convicted of bribery and embezzlement in January last year, will be "reinstated" to give him a chance to "contribute to overcoming the economic crisis" of the country, Justice Minister Han Dong-hoon said.

1 month ago·Mumbai, India

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BBC News

Lee Jae-yong: Why South Korea just pardoned the Samsung 'prince'

Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon.

1 month ago·United Kingdom

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News18 India

Pardon for Lee Jae-yong Shows South Korea’s Reliance on Samsung and the Chaebols

South Korean president Yoon Suk Yeol reinstated Samsung Electronics Co vice chairman Lee Jae-yong’s right to work after granting a presidential pardon Friday, news agencies reported

1 month ago·India

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Reuters

South Korea's Yoon pardons Samsung's Jay Y. Lee to counter 'economic crisis'

South Korea's President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with the justice ministry saying the business leader was needed to help overcome a "national economic crisis".

1 month ago·United Kingdom

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CTV News

South Korea pardons Samsung's Lee, other corporate giants

Samsung's de-facto leader secured a pardon Friday of his conviction for bribing a former president in a corruption scandal that toppled a previous South Korean government, an act of leniency that underscored the tech company's huge influence in the nation.

1 month ago·Toronto, Canada

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