The vice president of Samsung Electronics was involved in a political scandal in 2016
They consider it necessary to stabilize the national economy
The vice president of Samsung Electronics, Jay Y. Lee, was pardoned this Friday by the president of the Government of South Korea after the 2016 political scandal in which he was immersed. They consider that it is the best measure to help stabilize the country’s economybattered since the entry of COVID-19 into it.
“In an attempt to overcome the economic crisis by vitalizing the economy, Samsung Electronics Vice President Lee Jae-yong… will be pardoned,” the South Korean government said in a statement released recently.
Lee Jae-yong, the real name of Jay Y. Lee, was arrested in 2017 for paying bribes of millions of euros to various organizations closely linked to the government. The bribes were made to that the government accept the merger of two units of the Samsung group. This political scandal was very notorious in Korea and was close to jail.
In addition, it was shown that five Samsung executives they paid about 6.4 million euros in bribes to the president of South Korea
Now the heir to the Samsung fortune has been pardoned by presidential powers to prevent the situation from becoming economically complicated in the Asian country.