Picture of Lotte logo

004990 Lotte News Story

0.000.00%
kr flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapValue Trap

Refile: S.Korea prosecutors seek four-year jail term for Lotte group chief

(Refiles to correct the day of the week in paragraph 1) 
    SEOUL, Dec 14 (Reuters) - South Korea's prosecutors are 
seeking a four-year jail term for Lotte Group chief Shin 
Dong-bin, the corporate group's spokesman said by telephone on 
Thursday.  
    Prosecutors also demanded 25 years in jail for Choi 
Soon-sil, who was indicted last year on charges of forcing 
conglomerates such as Samsung Group and Lotte Corp to donate 
millions to foundations, Yonhap news said.  
 
 (Reporting by Cynthia Kim and Hyunjoo Jin; Editing by Clarence 
Fernandez) 
 ((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters 
Messaging: cynthia.kim.thomsonreuters.com@reuters.net)) 
 
Keywords: LOTTECORP CHIEF/PROSECUTION

Recent news on Lotte

See all news