South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics vice-chairman Jay Y. Lee yesterday, with the Justice Ministry saying the business leader was needed to help overcome a “national economic crisis”.
The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery in a scandal that led to massive protests and brought down then President Park Geun-hye in 2017.
However, analysts said the pardon should mean Lee will be able to carry out business activities with fewer legal restrictions, and could herald some large investments from Samsung, the world’s biggest smartphone and memory-chip maker.
Bu hikaye The Straits Times dergisinin August 13, 2022 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin August 13, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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