President Park pardons business tycoon of embezzlement

South Korea’s President Park Geun-hye on Thursday pardoned a tycoon convicted of embezzlement who heads the country’s third-largest business group. The justice ministry said in a statement that SK Group’s Chey Tae-won will be among some 6,500 people to be released from prison before the 70th anniversary Saturday of Korea’s liberation from Japan’s colonial occupation.
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