S. Korea's Lotte chairman charged in connection with corruption scandal

Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2017/news/03/20/shin-dongbin-rtr-032017.jpg"/><figcaption><div class="embed-desc">Lotte Group chairman Shin Dong-bin arrives for a trial at a court in Seoul, South Korea, March 20, 2017. <cite>Kim Hong-Ji, Reuters</cite></div></figcaption></figure></div><p>South Korean prosecutors on Monday charged the chairman of retail giant Lotte in connection with the corruption scandal that brought down former president Park Geun-Hye.</p><p>Shin Dong-Bin is accused of using more than $6 million to bribe Park and her secret confidante Choi Soon-Sil, the prosecutors said on the same day they charged Park with bribery and abuse of power. </p><p>Shin, 62, allegedly offered seven billion won ($6.15 million) to a sports foundation linked to Choi in exchange for a policy favour from Park over Lotte&#x27;s duty-free business.</p><p>Choi is on trial for coercion and abuse of power. She allegedly used her presidential ties to force local firms to &quot;donate&quot; nearly $70 million to non-profit foundations which she allegedly used for personal gain. </p><p>Now Choi faces an additional charge of bribery involving Shin, the prosecutors said. </p><p>Park is accused of colluding with Choi and offering policy favours to top businessmen who enriched her friend. These are alleged to include Shin and Samsung heir Lee Jae-Yong, who was arrested earlier and is also on trial for bribery. </p>

<p>South Korean prosecutors on Monday charged the chairman of retail giant Lotte in connection with the corruption scandal that brought down former president Park Geun-Hye.</p>

South Korean prosecutors on Monday charged the chairman of retail giant Lotte in connection with the corruption scandal that brought down former president Park Geun-Hye.

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S. Korea's Lotte chairman charged in connection with corruption scandal

S. Korea's Lotte chairman charged in connection with corruption scandal

Agence France-Presse

Published Apr 17, 2017 05:40 PM PHT

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Updated Apr 17, 2017 05:57 PM PHT

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Shin Dong-Bin

Lotte World

South Korea

corruption

Park Geun-Hye

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