Billionaire scion of company’s ruling family served 19 months for bribing a former presidentSamsung heir Lee Jae-yong is to receive a presidential pardon next week, paving the way for him to retake the helm of South Korea’s biggest company as it confronts slowing demand in the global chip sector.
The billionaire scion of Samsung’s ruling family will be formally granted the pardon on Monday by president Yoon Suk-yeol, who as a prosecutor had led Lee’s prosecution on bribery charges.