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Reuters
Reuters
Business
By Soo-hyang Choi

S.Korean PM to recommend presidential pardon for Samsung's Lee

Yonhap Samsung Jay Y Lee South Korea
FILE PHOTO: Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea, October 26, 2021. REUTERS/Kim Hong-Ji

South Korea's prime minister said on Wednesday he would recommend to the president a pardon for Jay Y. Lee, vice chairman of the world's biggest memory chip maker, Samsung Electronics.

Lee, heir to the world's second-largest contract chip maker, was convicted of bribery and embezzlement in January last year but got parole in August, after serving 18 months of a sentence of 30 months.

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