Korea’s business leaders call on Moon to free jailed Samsung boss Lee | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SEOUL, June 2 — Leaders of South Korea’s largest conglomerates urged President Moon Jae-in today to pardon Jay Y. Lee, the jailed vice chairman of Samsung Electronics Co Ltd, to maintain the country’s edge in the chip industry. The plea was made during a luncheon between Moon and chiefs of...

SEOUL, June 2 — Leaders of South Korea’s largest conglomerates urged President Moon Jae-in today to pardon Jay Y. Lee, the jailed vice chairman of Samsung Electronics Co Ltd, to maintain the country’s edge in the chip industry.

SK Group chairman Chey Tae-won asked Moon to consider a petition for Lee’s release that was submitted in April jointly by five business lobbies including the Korea Chamber of Commerce and Industry headed by Chey, according to Moon’s spokeswoman Park Kyung-mee. Legal experts believe Lee is eligible for parole, as he has served more than half of his 30-month sentence. South Korean law allows parole to be granted after one-third of the sentence has been served, with the detainee showing exemplary behaviour.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-VW boss to pay 10 mln euros in dieselgate damages, reports Business Insider | Malay MailFRANKFURT, June 1 — Former Volkswagen chief Martin Winterkorn has agreed to pay around €10 million (RM50.4 million) in damages to the carmaker over the diesel emissions scandal, Business Insider reported yesterday. Volkswagen had said in March it would claim damages from Winterkorn over the...
Source: malaymail - 🏆 1. / 86 Read more »