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.
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