South Korea to Pardon Samsung Heir for Bribing Ex-President

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

South Korea’s president will formally pardon Samsung heir Lee Jae-yong, one year after he was released on parole from a prison sentence for bribing former President Park Geun-hye as part of the massive corruption scandal that toppled Park’s government.

Lee still faces a separate trial on charges of stock price manipulation and auditing violations related to the 2015 merger.

But recent opinion polls have indicated South Koreans – years removed from the angry protests in late 2016 and 2017 that ousted Park from office – largely favored granting Lee a pardon, reflecting Samsung’s influence in a country where it provides smartphones, TVs and credit-cards people use, the apartments they live in and the hospitals where they are born or go to die.

Park Geun-hye was convicted of a broad range of corruption crimes, including colluding with her longtime confidante, Choi Soon-sil, to take millions of dollars in bribes and extortion from Samsung and other major companies while she was in office.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korean president pardons Jay Y. Lee, Samsung heir who was convicted of briberyWith his criminal record wiped, he can formally take the helm of the electronics giant at a critical time for South Korea's economy. Advantage of being wealthy. The wealthy help their own. Boss, you've been thorough a lot.🙋
Source: axios - 🏆 302. / 63 Read more »

On the trail of South Africa’s miracle teaPrized for its medicinal qualities, rooibos tea is connected to the country’s history and Indigenous heritage. But it’s disgusting!! AFRICA ♡♡♡♡♡ I love South Africa, but rooibos is horrible 🤢
Source: NatGeo - 🏆 537. / 51 Read more »

South Carolina paramedic, biker killed by car that rammed through wreck sceneA South Carolina paramedic and a motorcyclist died when an elderly woman crashed into a wreck site from an earlier crash. Four total people were struck by the car.
Source: FoxNews - 🏆 9. / 87 Read more »

Biden begins summer vacation with family in South CarolinaPresident Joe Biden arrived in South Carolina on Wednesday to begin what is expected to be at least a seven-day vacation with members of his family. The first couple was planning to be in Kiawah Island, noted for its private beach and golf resort, through Tuesday, according to Federal Aviation Administration advisories. The White House did not respond to requests to provide details on Biden's vacation schedule, activities or when he planned to return to Washington, nor did it provide information on the residence where he was staying. Wells that’s a load of crack. He just got back to work... Dark Biden returns to the genesis of his power.
Source: YahooNews - 🏆 380. / 59 Read more »

Authorities Locate Child Who Was Inside Vehicle When It Was Stolen From South Loop Body ShopA child has been safely reunited with their parents after the car they were in was stolen from a South Loop body shop on Wednesday.
Source: nbcchicago - 🏆 545. / 51 Read more »

South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 MakeoverSouth Korean social networking giant zepeto_official is diving into crypto with its new solana-based metaverse platform, ZepetoX. cheyenneligon reports zepeto_official solana cheyenneligon 🚀 Thnks a millon. zepeto_official solana cheyenneligon Thankss a millon 🚀 🚀 Thankss a millon
Source: CoinDesk - 🏆 291. / 63 Read more »