Samsung Boss to Be Released From Jail This Week
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variety.comPatrick Frater Asia Bureau ChiefLee Jae-yong, the de facto boss of the Samsung electronics to entertainment group, is to be released from jail on Friday, South Korea’s Ministry of Justice said.
The move is deeply controversial.Lee was imprisoned for bribery in a complex case involving the highest echelons of a previous government and attempts to minimize tax payments while re-organizing the sprawling conglomerate.He was sentenced to two and a half years in prison, but will be given parole from Aug.
15, a traditional day for pardons and prisoner amnesties, and eleven months short of his full jail term. Under new regulations, prisoners may be eligible for parole after they have served 60% of their sentence, down from 80% under previous.
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