President Yoon Suk Yeol carried out special presidential pardons on Monday for 2,176 individuals, including 12 prominent business tycoons, ahead of the Liberation Day holiday that falls on Aug. 15, on the premise of reviving the economy. The Ministry of Justice announced the special presidential pardons, including those for businesspersons from smaller enterprises, business tycoons, politicians, corporate executives .
President Yoon Suk Yeol granted pardons to 2,176 people, Monday, on the occasion of Liberation Day (Aug. 15), including the former chiefs of Kumho Petrochemical, Booyoung and Lotte Foundation.
Business tycoons given Liberation Day special pardons – The Korea Times koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.
Kolon Group Honorary Chairman Lee Woong-yeul was appointed to lead a committee to recommend candidates for the next Federation of Korean Industries (FKI) chairman, according to the business lobby group, Monday. The FKI said Lee was given plenary authority to supervise the recommendation process.