Moon Jae Lee Jae South Korea city Seoul president economy Government Moon Jae Lee Jae South Korea city Seoul

Samsung thrives as Seoul mulls pardon of corporate heir

Reading now: 279
www.clickorlando.com

SEOUL – Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company.

Lee is just the latest South Korean corporate boss to run his business from behind bars, communicating decisions through visiting company executives.

But his imprisonment is causing national handwringing over the future of the technology giant in the country sometimes called the “Samsung Republic.” Many people — from business leaders and editorial writers to even Buddhist monks — have urged Moon to release Lee for the sake of an economy heavily dependent on Samsung’s technology

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA