
South Korea's president will pardon Samsung heir Lee Jae-yong with a year left on his sentence for bribing a president as part of a massive corruption scandal that toppled her government, the justice minister announced Friday.
Lotte Group Chairman Shin Dong-bin and two other top business leaders will be pardoned as well, extending South Korea’s history of leniency toward convicted business tycoons and major white-collar crimes. They are among some 1,700 people President Yoon Suk Yeol will pardon on Monday, a national holiday celebrating Korea’s liberation from Japanese colonial rule at the end of World War II.