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South Korea’s president pardons Samsung leader Jay Y. Lee

South Korea's president pardons Samsung leader Jay Y. Lee

Samsung Electronics Vice Chairman Lee Jae-yong speaks during U.S. President Joe Biden’s visit on May 20, 2022 in Pyeongtaek, South Korea.

Kim Min-Hee | Pool | Getty Images News | Getty Images

South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with South Korea’s Justice Ministry saying the business leader was needed to help overcome a “national economic crisis.”

The pardon is largely symbolic,…


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