Jailed former South Korean president Lee Myung-bak receives presidential pardon, cutting short his 17-year sentence on corruption charges
The former Hyundai CEO-turned-president was charged with 16 criminal allegations in 2018 and sentenced in 2020.
A self-made man who was appointed head of a major construction firm at age 35 before entering politics, Lee served as president from 2008 to 2013. The pardons, effective at midnight on Wednesday, mark the second time Yoon has exercised his clemency power since taking office in May. South Korean presidents have frequently ended up in prison after their time in power, usually once their political rivals have moved into the presidential Blue House.
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