Jailed Samsung chief released on parole ...Middle East

News by : (Daily Sun) -
SEOUL: The jailed de facto leader of the giant Samsung group walked free on parole Friday, the latest instance of South Korea’s long tradition of freeing business leaders imprisoned for corruption or tax evasion on economic grounds.Lee Jae-yong — the 202nd richest person in the world according to Forbes, with a net worth of $11.4 billion (RM 48.2 billion) — was serving a two-and-a-half year prison sentence imposed in January for bribery, embezzlement and other offences in connection with the corruption scandal that brought down ex-South Korean president Park Geun-hye.But calls for his early release from both politicians and business leaders grew in recent months over what they claimed was a

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