They leave on bail to Samsung's eagy condemned to more than two years for bribery and embezzlement

The head of the Korean business giant Samsung, Lee Jae-Yong, has been released under Fianz. Lee, 53, leaned forward before the journalists who expected him in

They leave on bail to Samsung's eagy condemned to more than two years for bribery and embezzlement

The head of the Korean business giant Samsung, Lee Jae-Yong, has been released under Fianz. Lee, 53, leaned forward before the journalists who expected him in front of a detention center in Seoul and said: "I have caused a lot of concern to people, I really feel it."

Black suit dress, Lee said: "I am carefully listening to his concerns, criticism and high expectations about me," before retiring in a black limousine that awaited him.

The Executive, whose fortune is estimated at 11,400 million dollars by Forbes, fulfilled a two-year-old sentence of imprisonment for bribery, embezzlement and other crimes in relation to a corruption scandal that caused the fall of South Korean Former Park Geun-Hye .

Politicians and business leaders in recent months asked their early liberation, before the fear of a leadership vacuum in the greater South Korean conglomerate.

The Ministry of Justice announced on Monday that awarded him under bail, along with another 800 early departures, due to the concern about the impact of Coronavirus on the country's economy.

Lee was stopped for the first time in 2017 and sentenced to five years, but it was released a year later when a court of appeals discarded most sentences for bribery and suspended the sentence.

The Supreme Court subsequently ordered a new trial, in which Lee was again condemned and imprisoned.

The executive still faces a judgment on charges of a supposed manipulation of actions that facilitated its control of the family conglomerate.

In South Korea there is a long tradition of sentences to powerful business figures accused of bribery, embearge, tax evasion and other crimes.

However, many of the condemned have managed to reduce their sentences or suspend them on appeal.

The deceased former president of Samsung, Lee Kun-Hee, who was sentenced twice, received presidential forgiveness as recognition of his "contribution to the national economy".

"This is undoubtedly a preferential treatment, especially because there is another trial still underway," said Song Won-Keun, professor of economics at the Gyeongsang National University.

Updated Date: 13 August 2021, 00:12

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