SEOUL, Aug 13 — The jailed de facto leader of the giant Samsung group walked free on parole Friday, the latest instance of South Korea’s long tradition of freeing business leaders imprisoned for corruption or tax evasion on economic grounds.
The justice ministry announced Monday he had been paroled — among around 800 early releases — citing concerns over the coronavirus pandemic’s impact on the economy. Lee was first jailed for five years in 2017, after Park’s ouster, then walked free the following year when an appeals court dismissed most of his bribery convictions and gave him a suspended sentence.Nonetheless, Lee remains on trial over alleged stock manipulation that effectively eased his path to take control of the family conglomerate — the same purpose for which he was convicted of bribing Park.
“This is undeniably preferential treatment, especially given that a separate trial is still going on,” Song Won-keun, an economics professor at Gyeongsang National University, told AFP.According to justice ministry data, only 0.3 per cent of all convicts who were released on parole from 2011 to 2020 served less than 70 per cent of their jail terms.
Lee promised last year to end the line of family succession at the firm, saying he would not pass down his role to his children as he bowed in apology for multiple controversies.
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