Civil Society Groups: "The Release of Vice Chairman Lee Jae-yong Undermines Democracy and the Rule of Law"
[Asia Economy Reporter Song Seung-yoon] 130 civil society organizations have called for the suspension of discussions on the pardon of Samsung Electronics Vice Chairman Lee Jae-yong.
Organizations such as the Citizens' Coalition for Economic Justice, the Korean Confederation of Trade Unions, and People's Solidarity held a press conference at People's Solidarity in Jongno-gu, Seoul, stating, "The release of Vice Chairman Lee Jae-yong undermines the common sense, democracy, and rule of law in this land that those who commit crimes must receive appropriate punishment regardless of status or wealth."
They continued, "Vice Chairman Lee's crimes involve soliciting and bribing Park Geun-hye and Choi Soon-sil for illegal succession operations," adding, "He is currently on trial for numerous charges including accounting fraud, stock price manipulation, and mobilizing the National Pension Service, which is the people's retirement fund, and it has been less than six months since his re-incarceration."
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Furthermore, they emphasized, "If Vice Chairman Lee is released, it would overturn the Blue House's previous commitments to restrict pardons for five major serious criminals, adopt a zero-tolerance policy toward serious economic crimes by conglomerates, remove serious anti-market criminals from the market, and limit the president's pardon authority."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.