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News - Trial on Lotte Group chief, family to begin this week

Lotte trial scandal family south korea

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#1 sumikosan

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Posted 18 March 2017 - 11:06 PM (Edited by sumikosan, 18 March 2017 - 11:07 PM.)

19th march News - Trial on Lotte Group chief, family to begin this week

 

SEOUL, March 19 (Yonhap) -- A Seoul court will hold the first hearing on the chief of the country's retail giant Lotte Group and his family members this week over a string of corporate crime allegations, legal sources said Sunday.

 

The first hearing on Chairman Shin Dong-bin, his older brother Shin Dong-joo, and their father and group founder Shin Kyuk-ho will be held at the Seoul Central District Court on Monday at 2 p.m.

 

After a four-month investigation into the country's fifth-largest conglomerate, prosecutors indicted the three in October on multiple charges, including embezzlement and breach of trust, for allegedly misappropriating some tens of billions of won of corporate assets.

The group founder's daughter Shin Young-ja and his third wife, Seo Mi-kyung, were indicted earlier on charges of tax evasion.

 

Shin Young-ja was sentenced to three years in prison by the same court in January for embezzlement and breach of trust, in the first ruling against members of the family running the business group.

 

It is unclear whether Seo will appear in court. She was put on trial without going through a face-to-face interrogation with prosecutors as she rejected multiple summons

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The court earlier said that it will issue an arrest warrant if the common-law wife of Shin does not appear at the hearing. It is mandatory for all defendants to attend their hearings.

Along with the family, a number of former and current executives of the group will stand trial for their alleged involvement in the irregularities.

 

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http://english.yonha...9001600315.html

 


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#2 Trigger

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Posted 18 March 2017 - 11:19 PM

Woah.
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#3 sumikosan

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Posted 18 March 2017 - 11:30 PM

There is also others beside Samsung chief and Lotte chief. We also have SK Group chief now according to latest Reuters News today

 

SK Group chief summoned by South Korean prosecutors over political scandal South Korean prosecutors questioned... http://fb.me/6n25i4q6q 

 

cr Reuter news


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#4 missycin

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Posted 18 March 2017 - 11:35 PM

Wow, this is the stuff Kdramas are made for

amgplz.png amgplz.png amgplz.png


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#5 waycrispy1

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Posted 18 March 2017 - 11:46 PM

Guess giving up their land for THAAD didn't help


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#6 RRR98

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Posted 20 March 2017 - 05:56 PM

Seems like Korea is cleaning house
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