이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Lotte Group Chairman Shin Dong-bin to be summoned by prosecutors this week
- Collected
- 2016.09.19
- Distributed
- 2016.09.20
- Source
- Go Direct
The Seoul Central Prosecutors’ Office said on Sunday that it has called in Shin for questioning as a suspect on charges of embezzlement and breach of trust. Shin, who will appear before the prosecutors at 9:30 a.m. on Tuesday, is suspected of transferring losses from overseas mergers and acquisitions among group affiliates and also transferring key assets to a particular affiliate at a giveaway price.
Prosecutors have been investigating Lotte Group and owner family members since early June over alleged slush funds and embezzlement. The slush funds through dubious deals with affiliates and companies with links to the owner family and other corruptions related to the owner family emerged during a bitter feud between the two brothers for managerial control last year.
Shin Dong-joo, the elder brother of Dong-bin, was summoned to the prosecution on September 1 over corruption allegations, while Shin Young-ja, the older daughter of the group founder Shin Kyuk-ho, was detained and indicted in July for bribery charges. Prosecutors are also demanding the group founder’s third wife Seo Mi-kyung and his youngest daughter Yu-mi, both staying in Japan, to return to Korea for investigations as part of the group’s slugh fund allegations.
By Lee Hyun-jung
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]