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Samsung's Lee Jae-yong released on parole

Samsung's leader Lee Jae-yong was released on parole on Friday.

2021-08-13

Samsung's Lee to be put under probation after release on parole

Samsung’s leader Lee Jae-yong will be placed under probation after he is released on parole this week, the Ministry of Justice announced Wednesday.

2021-08-11

[News In Focus] Working after doing time isn't easy for Korean tycoons

Samsung Electronics Vice Chairman Lee Jae-yong will face hurdles resuming his role at the tech giant after getting out of jail on Friday -- like other jailed chaebol chiefs before him.

2021-08-10

Working restrictions to remain for Samsung's Lee after parole

Justice Minister Park Beom-kye said Tuesday that he has no plan to lift the legal restrictions that bar Samsung’s leader Lee Jae-yong from returning to helm of the nation’s largest conglomerate after he is released on parole this week.

2021-08-10

Samsung's Lee to be released on parole Friday

Samsung's jailed leader Lee Jae-yong will be released on parole this week, the Ministry of Justice said Monday. "Economic hardship, triggered by the Covid-19 pandemic, was considered in our decision to release him on parole,"...

2021-08-09

Parole in works for Samsung's Lee, say sources

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.

2021-07-22

Five Samsung companies fined for Welstory scheme

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.

2021-06-24

Parole for Samsung's Lee is floated

Top members of the administration and ruling party are hinting that Samsung’s jailed leader, Lee Jae-yong, could be freed on parole.

2021-06-07

Don’t delay the pardon

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...

2021-06-03

KCCI lobbies government to pardon Samsung's Lee

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.

2021-06-03

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