Lee Jae-yong was allowed to skip court to welcome Biden and his South Korean counterpart, Yoon Suk-yeol, to the facility in Pyeongtaek, a court spokesperson told Reuters.
The Samsung executive who hosted President Biden on a tour of a South Korean computer chip plant on Friday had to be excused from a hearing in a fraud trial to do so.
Just nine months ago, Lee was released from prison on parole, cutting short his 30-month sentence for embezzling corporate funds and bribery related to the merger.to five years in prison on the corruption charges in 2017, however a Seoul High Court ruling later reduced the sentence to 2.5 years. Lee Jae-yong was allowed to skip court to welcome Biden and his South Korean counterpart, Yoon Suk-yeol, to the facility in Pyeongtaek.Lee also faces an indictment for alleged stock price manipulation, auditing violations as well as other charges connected to the 2015 merger,Lee’s legal team has insisted he did not commit any criminal acts and only participated in normal business activities.
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