Jay Y Lee

The Seoul High Court upheld the lower court's ruling dismissing all the charges from a case involving a 2015 merger.

Prosecutors allege Jay Y. Lee prioritised personal gain as Samsung's de-facto leader during the merger, harming shareholders and investors.

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court.

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Justice Minister Han Dong Hoon said the business leader was needed to help overcome a "national economic crisis".

If Yoon agrees, the pardon could come around the time of South Korea's Independence Day on Aug. 15, when they are traditionally handed out.

Staff at a clinic where Lee received the sedative, who are being tried separately, have denied wrongdoing.

Samsung Electronics Vice Chairman Jay Y. Lee, convicted of bribery and embezzlement, walked out of prison on parole today.

Business leaders have highlighted the need for Lee to be active to retain South Korea's leading position in the chip industry.

Lee made his first public appearance since being jailed in January, as he attended court to face charges of fraud and stock manipulation.

The Seoul High Court found Lee guilty of bribery, embezzlement and concealment of criminal proceeds worth about $7.8 million.

If Lee is jailed, he will be sidelined from major decision making at Samsung Electronics as it strives to overtake competitors.

His passing raised expectations for stake sales and a potential restructuring of the sprawling business empire.

Although the family is expected to maintaining control of Samsung Electronics Co Ltd but their combined direct stake ownership is only 5.8%.

Mahkamah rayuan Korea Selatan pada Isnin membebaskan pewaris Samsung Group, Jay Y.Lee setelah setahun penahanan dan penjara lima tahun atas tuduhan memberikan rasuah kepada bekas presiden negara itu.