South Korea to release Samsung scion on parole

South Korea to release Samsung scion on parole

4 years ago
Anonymous $drS9DEX_Sj

https://apnews.com/4d91344be72d7e3ed81625b0d769c0d0

SEOUL, South Korea (AP) — South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president.

The announcement Monday by the Justice Ministry, which came with a year left on Lee’s 30-month sentence, extends a history of leniency toward major white-collar crime and preferential treatment for convicted tycoons. It tarnishes the reformist image of President Moon Jae-in, who after winning a presidential by-election in 2017 vowed to curb the excesses of “chaebol,” South Korea’s family-owned conglomerates, and end their cozy ties with the government.