South Korea prosecutors seek four-year jail term for Lotte group chief

2017 12 14T062115Z 1 LYNXMPEDBD0EB RTROPTP 0 LOTTE GROUP RESTRUCTURING 1 150x150 - South Korea prosecutors seek four-year jail term for Lotte group chief

FILE PHOTO: Lotte Group chairman Shin Dong-bin attends news conference in Seoul
FILE PHOTO: Lotte Group chairman Shin Dong-bin attends a news conference in Seoul, South Korea, October 25, 2016. REUTERS/Kim Hong-Ji/File Photo

December 14, 2017

SEOUL (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)

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