SEOUL: The conviction and jailing of South Korea’s top business tycoon heralds a drive to reform the country’s giant conglomerates and loosen their grip on the economy, analysts said.
When Lee Jae-Yong, de facto head of the world’s biggest smartphone maker Samsung Electronics, was jailed Friday for bribing South Korea’s former president and other offences, the Seoul court condemned “corrupt ties” between business leaders and politicians.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.