The heir and de facto leader of the Samsung group received a presidential pardon Friday, continuing South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds.
Billionaire Lee Jae-yong, 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.
Lee -- who has a net worth of $7.9 billion, according to Forbes -- was released on parole in August 2021... Читать дальше...