ASSESSMENTS
South Korea: The Many Uses of an Amnesty
Aug 12, 2008 | 20:42 GMT

MANDEL NGAN/AFP/Getty Images
Summary
As part of the country's annual celebration ritual for its Liberation Day, South Korean President Lee Myung Bak pardoned some 342,000 white-collar criminals and minor offenders Aug. 12, including top corporate figures like Hyundai Motor Chairman Chung Mong Koo. This year's amnesty serves multiple purposes.
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