New Delhi, 12 August 2022

As per news report of NDTV, billionaire Lee Jae-yong, who was convicted of bribery and embezzlement in January last year, will be "reinstated" to give him a chance to "contribute to overcoming the economic crisis" of the country, Justice Minister Han Dong-hoon said. Lee -- the 278th-richest person in the world, according to Forbes, with a net worth of $7.9 billion -- was released on parole in August 2021, after serving 18 months in jail, just over half of his original sentence. Friday's pardon will allow him to fully return to work by lifting a post-prison employment restriction that had been set for five years.

Source - NDTV

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