South Korea: Presidential pardon granted to Samsung heir

South Korea: Presidential pardon granted to Samsung heir

SEOUL (Reuters) – South Korean President Yoon Suk-yeol has pardoned Vice Chairman and Samsung Electronics heir Jay Y. Lee, the Justice Ministry said on Friday.

The move is mostly symbolic, as Lee is on parole after serving an 18-month prison sentence in a corruption case.

However, according to analysts, Jay Y. Lee will now be able to conduct his business more freely and, potentially, make major announcements.

“As the need is urgent to overcome the national economic crisis, we carefully choose for forgiveness economic leaders who drive the engine of national growth through active technological investments and job creation,” said the Minister of Health. Justice, Han Dong-hoon, during a press briefing.

(Reportage Joyce Lee, Soo-hyang Choi, Heekyong Yang; version française Jean Terzian)

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