Jay Y. Lee, Vice-Chairman Of Samsung Electronics Released From Jail

Jay Y. Lee, Vice-chairman of Samsung Electronics was released from jail on parole on August 13, expecting to resume work. "I've caused much concern for the people. I deeply apologize," Lee stated. He was arrested in January 2021 for embezzlement and bribery. His parole came after a lot of support from the public, business, and political community as key strategic decisions in the company await his approval.