Lee Jae-yong Archives | Be Korea-savvy
‘Too Big to Jail’ Mantra Still Holds Good for Chaebol Brass in S. Korea

‘Too Big to Jail’ Mantra Still Holds Good for Chaebol Brass in S. Korea

SEOUL, Aug. 27 (Korea Bizwire) — Defying criticism and stiff objections from anti-corruption campaigners, Lee Jae-yong, the de-facto chief of the country’s top conglomerate Samsung was released on parole on Aug. 13, rekindling controversy over lopsided legal “favors” to business moguls here. Lee, the vice chairman of Samsung Electronics Co., the group’s crown jewel, had [...]

Speculations Swirl over Potential Amnesty for ex-President Park, Samsung Heir Lee

Speculations Swirl over Potential Amnesty for ex-President Park, Samsung Heir Lee

SEOUL, July 25 (Korea Bizwire) — Rumors that former President Park Geun-hye and Samsung Group heir Lee Jae-yong may receive presidential pardons or paroles are increasingly making the rounds in political circles as of late amid growing calls for amnesty for the two figures jailed over corruption-related charges. Such speculations are being circulated widely with [...]

Jae-yong Bolsters Grip on Samsung Electronics After Inheritance

Jae-yong Bolsters Grip on Samsung Electronics After Inheritance

SEOUL, April 30 (Korea Bizwire) — Lee Jae-yong, the apparent heir of Samsung Group, bolstered his control of Samsung Electronics Co. with stocks inherited from his late father, an indication that the ownership structure of South Korea’s top conglomerate remains steadfast, affiliate filings showed on Friday. Jae-yong, the vice chairman of Samsung Electronics, jacked up [...]