South Korea pardons Samsung boss ‘to help the economy’

Samsung Electronics vice chairman Lee Jae-yong, convicted of bribery and embezzlement in January 2021, was pardoned Friday

The heir and de facto leader of Samsung group received a presidential pardon Friday, the latest example of South Korea’s long tradition of freeing business leaders convicted of corruption on economic grounds.

But many of those convicted have subsequently had their sentences cut or suspended on appeal, with some — including late Samsung chairman Lee Kun-hee, who was convicted twice — receiving presidential pardons in recognition of their “contribution to the national economy”.

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