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Reuters
Reuters
Business
By Joyce Lee, Soo-hyang Choi and Heekyong Yang

HISTORICAL FACTS: S korea s yoon pardons samsung leader jay y lee | History Defined

Samsung Electronics Vice Chairman Jay Y. Lee leaves a court in Seoul, South Korea, August 12, 2022. Yonhap via REUTERS

South Korea's President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with the justice ministry saying the business leader was needed to help overcome a "national economic crisis".

The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery in a scandal that led to massive protests and brought down then-President Park Geun-hye in 2017.

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