South Korea pardons ex-leader Lee Jae-yong for corruption charges

Seoul – The government of South Korean President Yoon Hee-yeol said on Tuesday that it would offer a special pardon to former President Lee Myung-bak, who is Sentenced to 17 years in prison against a range of corruption offences.

Li was among 1,373 criminals to be pardoned Wednesday, the Justice Department said in a statement. It said it had decided to include some politicians, such as Lee, as part of efforts to promote national unity.

Lee, 81 Temporarily released from prison in June more than health problems.

The CEO-turned-conservative hero was convicted of accepting bribes from major corporations, including Samsung, misappropriating funds from companies he owned and other corruption-related offenses before and during his presidency from 2008 to 2013 and was convicted.

He was South Korea’s first president with a business background and was once a symbol of South Korea’s economic rise. He started his business career in the mid-1960s with an entry-level job in the construction division of Hyundai Group, before rising to become CEO of 10 Hyundai Group companies and leading the company as the Korean economy exploded from 2017. The group rose rapidly. The ruins of the 1950-53 Korean War.

Lee’s corruption case exploded after his successor and fellow conservative Park Geun-hye was ousted sent to prison in another corruption scandal in 2016-17. Back-to-back scandals have deeply hurt South Korea’s conservatives and deepened ethnic divisions.

Park Geun-hye, who is serving a long prison sentence, was pardoned in December 2021, when South Korea was governed by Moon Jae-in, Yoon Eun-hye’s liberal predecessor.

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