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France 24
France 24
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South Korea pardons Samsung boss to 'counter economic crisis'

Jay Y. Lee, Samsung Electronics vice chairman and de facto leader of Samsung Group, attends an inaugural dinner of South Korea's President Yoon Suk-yeol in Seoul, May 10, 2022. © Jeon Heon-Kyun, AFP

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.

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