American Talk
  • Home
  • Business
  • Leadership
  • Economics
  • Recruitment
  • Innovation
  • Strategy
  • More
    • Customer Experience
    • Managing People
    • Managing Yourself
    • Communication
    • Marketing
    • Organizational Culture
    • Technology
Featured Posts
    • Customer Experience
    Understanding Customer Experience
    • March 21, 2023
    • Business
    London police force should be overhauled or broken up, says review
    • March 21, 2023
    • Managing Yourself
    Keeping Your Confidence Up During a Lengthy Job Search
    • March 21, 2023
    • Managing People
    5 Strategies to Empower Employees to Make Decisions
    • March 21, 2023
    • Economics
    Silicon Valley Bank’s Focus on Startups Was a Double-Edged Sword
    • March 21, 2023
Featured Categories
Business
View Posts
Communication
View Posts
Customer Experience
View Posts
Economics
View Posts
Hiring and Recruitment
View Posts
Innovation
View Posts
Leadership
View Posts
Managing People
View Posts
Managing Yourself
View Posts
Marketing
View Posts
News
View Posts
Organizational Culture
View Posts
Press
View Posts
Strategy
View Posts
Technology
View Posts
Trending
View Posts
American Talk
7K
9K
4K
1K
American Talk
  • Home
  • Business
  • Leadership
  • Economics
  • Recruitment
  • Innovation
  • Strategy
  • More
    • Customer Experience
    • Managing People
    • Managing Yourself
    • Communication
    • Marketing
    • Organizational Culture
    • Technology
  • Business

South Korea’s former president Lee Myung-bak to be pardoned

  • December 27, 2022
  • admin
Total
0
Shares
0
0
0

Former South Korean president Lee Myung-bak will be pardoned after serving almost four years of a 17-year sentence for corruption, embezzlement and bribery, the country’s justice ministry has said.

President Yoon Suk-yeol said on Tuesday that the special pardon had been issued for Lee, 81, in the name of promoting national unity, though many South Koreans remain opposed to the move. Lee will be among more than 1,300 people to be pardoned on Wednesday.

Lee led the country from 2008 to 2013 after serving as mayor of Seoul and working as a prominent executive in Hyundai Group’s construction arm. He was the country’s first president from a business background and the fourth former leader to be imprisoned since the transition to democracy in 1987.

Lee was convicted of seven charges in 2018, including bribery, abuse of power and embezzlement, and fined $11mn in addition to an initial sentence of 15 years in prison. He was accused of receiving $10mn in bribes from an array of politicians, institutions and companies, including Samsung, South Korea’s biggest conglomerate.

His imprisonment was temporarily suspended in June at his request due to his deteriorating health condition. His successor Park Geun-hye, who was imprisoned for a corruption scandal that led to her impeachment in 2017, was pardoned in late 2021 by Yoon’s liberal predecessor Moon Jae-in.

Lee was once a symbol of the rags-to-riches story in South Korea. He headed Hyundai Engineering and Construction in the 1960s and won popularity as mayor of Seoul for the restoration of the Cheonggyecheon stream across the capital’s downtown area.

But his five-year presidency was marred by protests and tensions with North Korea over his hawkish stance against his country’s communist northern neighbour.

Numerous South Korean presidents have faced investigations for corruption, cronyism and graft after leaving office. But every convicted former leader, including generals, has been granted a pardon after serving some time in prison.

Lee’s reprieve has been widely expected. Many of Yoon’s aides previously worked for Lee, though the current president, who is a former chief prosecutor, rose to national prominence on his successful prosecution of Park and Lee.

Yoon, who took office in May, has also taken a hard line against North Korea, which has been more actively building up its weapons programme. On Monday, Pyongyang flew five unmanned aerial vehicles into its southern neighbour’s airspace for about five hours, including over Seoul and other cities.

South Korea responded by dispatching its own drones into North Korea for the first time, but its military was forced to apologise on Tuesday for failing to bring down any of the foreign vehicles. The aerial intrusion has raised concerns about Seoul’s air defences amid the threat of Pyongyang’s growing missile capabilities.

Yoon on Tuesday vowed to strengthen South Korea’s anti-drone strike capabilities and announced the creation of a military unit specialising in drones.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You May Also Like
Read More
  • Business

London police force should be overhauled or broken up, says review

  • admin
  • March 21, 2023
Read More
  • Business

UK public borrowing rises on energy support schemes

  • admin
  • March 21, 2023
Read More
  • Business

IMF approves $3bn bailout for Sri Lanka

  • admin
  • March 21, 2023
Read More
  • Business

Venezuela’s oil minister resigns amid PDVSA corruption probe

  • admin
  • March 21, 2023
Read More
  • Business

FirstFT: Xi-Putin’s ties on display at the Kremlin

  • admin
  • March 20, 2023
Read More
  • Business

Can smaller reactors help meet the UK’s nuclear power targets?

  • admin
  • March 20, 2023
Read More
  • Business

EU agrees to supply Ukraine with 1mn artillery rounds within a year

  • admin
  • March 20, 2023
Read More
  • Business

South African military deployed to prevent planned national shutdown

  • admin
  • March 20, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Featured Posts
  • 1
    Understanding Customer Experience
    • March 21, 2023
  • 2
    London police force should be overhauled or broken up, says review
    • March 21, 2023
  • 3
    Keeping Your Confidence Up During a Lengthy Job Search
    • March 21, 2023
  • 4
    5 Strategies to Empower Employees to Make Decisions
    • March 21, 2023
  • 5
    Silicon Valley Bank’s Focus on Startups Was a Double-Edged Sword
    • March 21, 2023
Recent Posts
  • It’s a New Era for Mental Health at Work
    • March 21, 2023
  • UCF professor fired for rejecting notion of systemic racism speaks out: ‘Diversity is pretty much anti-White’
    • March 21, 2023
  • High-Tech Touchpoints Are Changing Customer Experience
    • March 21, 2023

Sign Up for Our Newsletters

Subscribe now to our newsletter

American Talk
  • Home
  • Privacy Policy
  • Contact

Input your search keywords and press Enter.