South Korean President Yoon Suk-yeol on Friday issued a pardon for Samsung chief Lee Jae-yong, who was released on parole in 2021 while serving a jail term for a bribery case, along with Lotte Group Chairman Shin Dong-bin and other key business figures.
Nearly 1,700 people were included in the list of pardons.
Yoon said the amnesty was aimed at restoring the economy and stabilizing the lives of citizens, Yonhap News Agency reported. This will mark the first amnesty granted by Yoon since taking office in May.
“With urgent needs to overcome the national economic crisis, we carefully selected economic leaders who lead the national growth engine through active technology investment and job creation to be pardoned,” the ministry said….