The billionaire boss of South Korea’s Samsung empire will be freed from jail on Friday after serving part of a 30-month sentence for bribing former South Korea president Park Geun-hye.
Lee Jae-yong, Samsung’s vice-chairman and de facto leader, will be released on 13 August, the country’s justice minister announced in a live TV briefing.
Lee was caught up in a huge corruption scandal that brought down the government Park in 2016. Park was sentenced to 20 years in prison and fined 18bn won (£12m).
Lee, 53, has served 18 months of a revised 30-month sentence. He initially served one year of a five-year sentence from August 2017, which was later suspended. That court decision was then overturned and while the sentence was shortened, he was sent back to jail in January this year.
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