Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Ador CEO denies allegations, accuses Hybe of mistreating NewJeans

    Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
  2. 2

    Medical reform committee kicks off despite boycott from doctors

    Medical reform committee kicks off despite boycott from doctors
  3. 3

    10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification

    10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
  4. 4

    Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts

    Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
  5. 5

    Second Gimpo civil servant found dead, after apologizing for not finishing work

    Second Gimpo civil servant found dead, after apologizing for not finishing work
  1. 6

    DP leader says he will meet Yoon without conditions

    DP leader says he will meet Yoon without conditions
  2. 7

    Over 9,000 hotline calls made by stalking victims in 2023

    Over 9,000 hotline calls made by stalking victims in 2023
  3. 8

    [Hello India] Hyundai Motor vows to boost 'clean mobility' in India

    [Hello India] Hyundai Motor vows to boost 'clean mobility' in India
  4. 9

    Monthly users on local streaming platforms outpace Netflix, Disney+

    Monthly users on local streaming platforms outpace Netflix, Disney+
  5. 10

    US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell

    US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
지나쌤

Lotte founder heads home as sons continue to fight for control

By Lee Ji-yoon

Published : July 18, 2016 - 17:05

    • Link copied

[THE INVESTOR] Lotte Group founder Shin Kyuk-ho on July 18 was discharged from a local hospital, some 40 days after he was hospitalized for minor fever. 

The elder Shin left Asan Medical Center and headed directly to his residence and office at the 34th floor of Hotel Lotte in Sogong-dong, central Seoul. 

All eyes are now on what kind of role he would play in the ongoing feud between his sons as they fight for control over Lotte Group. 


Lotte Group founder Shin Kyuk-ho Lotte Group founder Shin Kyuk-ho

His eldest son Shin Dong-joo, former vice chairman of Lotte Holdings, was seen pushing his father’s wheelchair. The 93-year-old patriarch seemed to have lost some weight but he looked healthier than before he was hospitalized.

The senior Shin was admitted to the hospital on July 19 for minor fever following his recent treatment for prostatic infection. He was treated with antibiotics.

His hospitalization came as prosecutors were widening their probe into the nation’s fifth-largest conglomerate on suspicions of embezzlement and creating slush funds through dubious deals with affiliates and companies with links to the owner family. 

By Lee Ji-yoon (jylee@heraldcorp.com)

More from Headlines