NewsSouth Korea president pardons Samsung VP convicted of bribery

    South Korea president pardons Samsung VP convicted of bribery

    Samsung Electronics Vice President Lee Jae-yong is among the 1,691 people pardoned this Friday by the president of South Korea, Yoon Suk-yeol, on the eve of the Korean Liberation Day, which is celebrated on August 15, reports Yonhap. Jae-yong was sentenced to 2.5 years in prison with a suspended sentence in 2018 for bribing former president Park Geun-hye. Last year he was already conditionally released from jail, but he needed the pardon to restore all his rights. Following the announcement, Jae-yong stated that “I would work hard for the national economy“.

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    However, the planned pardon of the former president of the firm, Lee Myung-bak, convicted of corruption, did not take place. The Administration decided to exclude his name from the list, since, according to Yonhap, this could negatively affect the president’s approval rating, which is already extraordinarily low. In general, most pardons were for minor offenders, small business owners and men in need. The mechanism was disapproved by the oppositionsince they maintain that this practice discredits the country’s judicial system.

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    Source: RT

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