09-08-2021 16:33 via telecoms.com

Jay Y. Lee out of jail, but Samsung still saddled with uncertainty

Samsung’s heir apparent has been granted a parole, but when and how he could take the reins at Korea’s biggest chaebol is still not clear.
Lee Jae-yong, or Jay Y. Lee as he is known in the international business circle and western media, has been granted a parole by Korea’s Justice Ministry, 18 months into his 30-month sentence for bribery and embezzlement, reported Reuters.
The Justice Minister explained that the parole decision was made “as a result of comprehensive rev
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