South Korea’s President Pardons Samsung Heir Convicted of Bribery

Samsung Electronics Co. Vice Chairman Lee Jae-yong (C) speaks at a press conference following U.S. President Joe Biden's visit to the Samsung Electronics Pyeongtaek chip factory on May 20, 2022. Kim Min-hee/AFP via Getty Images

South Korean President Yoon Suk-yeol on Friday issued a pardon for Samsung chief Lee Jae-yong, who was released on parole in 2021 while serving a jail term for a bribery case, along with Lotte Group Chairman Shin Dong-bin and other key business figures.

Nearly 1,700 people were included in the list of pardons.