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South Korea just pardoned Samsung's chief for bribing a former president because the country needs him to overcome a 'national economic crisis'

1 month ago   |   By Business Insider

South Korea pardoned Samsung Electronics Vice Chairman Jay Y. Lee so he can help the country overcome its economic crisis. Kim Min-Hee/Getty Images
South Korea just pardoned Samsung's de facto leader, Jay Y. Lee, for bribing a former president.
The justice ministry said Lee needs to help the country overcome a "national economic crisis."
South Korea faces economic headwinds from the Ukraine war, soaring inflation, and slowing demand.
South Korean President Yoon Suk-yeol pardoned Samsung's de facto chief for bribing a former president because he's just too important for the country's...
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Lee Jae-yong, Samsung's De Facto Leader, Is Pardoned

1 month ago   |   By NY Times

Lee Jae-yong, who served time for bribery, is one in a long series of South Korean business leaders who've been granted presidential pardons.
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