The Korea Herald

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[URGENT] Prosecutors to indict Lotte Group Chairman Shin Dong-bin

By 김화균

Published : Oct. 18, 2016 - 15:40

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[THE INVESTOR] South Korean prosecutors are going to indict Lotte Group’s Chairman Shin Dong-bin and his father Shin Kyuk-ho on OCT. 19. 

Prosecutors have accused the Chairman Shin of orchestrating a series of shady deals at the group‘s affiliates, as well as giving large stipends to the owner’s family for just being listed as board members of the conglomerate‘s Korean and Japanese branches.
 

(theinvestor@heraldcorp.com)