Billionaire Samsung boss, convicted in bribery case, gets Presidential pardon

12-08-2022 Fri 17:10

In the most recent incident in South Korea's lengthy history of pardoning businesspeople who have been found guilty of misconduct on business-related grounds, the heir and de facto leader of the Samsung Group was given a presidential pardon on Friday. The country would restore billionaire Lee Jae-yong, who was found guilty of bribery and embezzlement in January of last year, to offer him the chance to help the country out of its economic crisis.

With Friday's pardon, the five-year post-prison employment restriction will be removed, allowing him to fully resume his employment.

The ministry reported that 1,693 people, including those with terminal illnesses and those who were getting close to the end of their sentences, were on the list for pardons prior to the annual Liberation Day ceremony on Monday.


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