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Founder of South Korea's Lotte Group given 4 years jail for embezzlement

SEOUL: The wheelchair-bound nonagenarian founder of South Korea's Lotte retail conglomerate was convicted of embezzl
Published December 22, 2017 Updated December 22, 2017 07:18am
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By Parvez JabriAFP
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SEOUL: The wheelchair-bound nonagenarian founder of South Korea's Lotte retail conglomerate was convicted of embezzlement and breach of duty Friday and jailed for four years.

Shin Kyuk-Ho's daughter was also imprisoned for two years, but his son and successor was given a suspended term, as was Shin's mistress, while another son was cleared by the Seoul Central District Court.

Copyright AFP (Agence France-Press), 2017

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