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Samsung heir's jailing heralds reform drive: analysts

"Lee's imprisonment shows they are down to business quite seriously this time," says Prof Robert Kelly. "South Korea needs to keep him in jail. That should send a signal to other corporate executives that if you get caught, you will really serve jail time.


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...

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