Samsung’s jailed leader Lee Jae-yong has been included on a list of possible parolees, fueling speculation that he will be sprung next month.
Five Samsung companies have been fined 234.9 billion won by the FTC for engaging in a transfer-pricing scheme which may have played a role in one of the most consequential restructurings in Korean business history.
Top members of the administration and ruling party are hinting that Samsung’s jailed leader, Lee Jae-yong, could be freed on parole.
President Moon Jae-in said he was aware of the difficulties caused by the absence of leadership at the country’s top conglomerate Samsung Electronics when executives from the four largest chaebol asked for a special pardon for...
Korea’s business lobbying groups continued to push for the pardon of Samsung Electronics Vice Chairman Lee Jae-yong on Thursday, a day after the issue was brought up during a meeting between President Moon and the heads of top four conglomerates.
President Moon Jae-in on Wednesday showed his most receptive attitude so far to business leaders’ pleas to pardon jailed Samsung head Lee Jae-yong.
The Blue House and ruling party are actively considering a pardon for Samsung leader Lee Jae-yong, who is serving time for bribing the former president.
President Moon Jae-in on Monday sounded more receptive to freeing jailed Samsung leader Lee Jae-yong and two former presidents, a change from earlier flat rejections.
The distribution of the 26 trillion-won ($23 billion) estate of Samsung Electronics Chairman Lee Kun-hee has unexpectedly made Hong Ra-hee, Lee’s wife, the largest individual shareholder in the electronics giant.
A top ruling party politician nominated to be prime minister said Thursday he will relay the business community's request to President Moon Jae-in to pardon the jailed Samsung Group head, Lee Jae-yong.