Lotte group, Multinational conglomerate company

Seoul, July 27 South Korean Prime Minister Han Duck-soo said Wednesday he will ask President Yoon Suk-yeol to pardon Samsung heir Lee Jae-yong, who is currently on parole from a prison term for bribery and embezzlement.Han was responding to a question during a parliamentary interpellation session about whether he has any intention to propose pardons for Lee, Lotte Group Chairman Shin Dong-bin and other business executives."I will propose them," Yonhap news agency reported quoting Han.The president is widely expected to grant pardons on the occasion of August 15 Liberation Day.Lee, vice chairman of Samsung Electronics, is one of the most talked about potential beneficiaries, along with former President Lee Myung-bak.The Samsung vice chairman was sentenced to 2.5 years in prison in a bribery case involving former President Park Geun-hye and released on parole in August last year.Even after his prison term ends on July 29, he would still be subject to some restrictions, prompting local business circles to call for a pardon to release him from all such restrictions as well.Shin received 2.5 years prison term, suspended for four years, in October 2018 in a similar bribery case involving former President Park.South Korea's top business executives, known as "chaebol," have often received special presidential amnesties for economic crimes under the pretext their return to management will help boost the domestic economy.When asked about a potential pardon for Lee last week, Yoon said, "Since the past, it has been a principle to make no mention at all on the issue of pardons, such as to what extent it will be carried out."Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Lotte Group, NewsFOLLOW

Lotte group, Latest News

Politics :SKorean PM says he will ask Yoon to pardon Samsung heir Lee

Seoul, July 27 South Korean Prime Minister Han Duck-soo said Wednesday he will ask President Yoon Suk-yeol to ... ...