LINE

    Text:AAAPrint
    Politics

    S Korea's Lotte chief summoned by prosecutors over corruption allegations

    1
    2017-04-07 13:38Xinhua Editor: Gu Liping ECNS App Download

    Chief of Lotte Group, South Korea's fifth-biggest family-controlled conglomerate, was summoned Friday by prosecutors for questioning over his alleged involvement in a corruption scandal embroiling impeached President Park Geun-hye.

    Lotte Group Chairman Shin Dong-bin appeared in the Seoul Central District Prosecutors' Office, telling reporters briefly that he would sincerely face the investigation.

    Shin was called in as a reference witness, but his status could be changed into a suspect in the bribery charge involving former President Park and her longtime confidante Choi Soon-sil.

    Lotte donated millions of U.S. dollars to two nonprofit foundations Choi used for personal gains. It returned back additional millions of dollars to one of the foundations, right before prosecutors' raid into Lotte offices in June last year.

    The return raised suspicions that Lotte may have made the donations to avoid the investigations into charges of embezzlement and dereliction of duty levied at the Lotte chief.

    Park and Choi were branded by prosecutors as criminal accomplices. The former president was taken into custody for 13 charges including bribery, abuse of power, extortion and the leakage of confidential information.

    Lotte has claimed no quid pro quo in the donations, saying Choi extorted the money from the retail giant using her close relationship with the former president.

    The retail giant lost one of its licenses to operate duty free shops in downtown Seoul in November 2015, but the conglomerate regained it about a year later.

    Shin met face-to-face with Park in March last year, before Lotte's addition donations to one of the Choi-controlled foundations.

    Meanwhile, an arrest warrant for Shin was rejected on Sept. 29, 2016. It came a day before the announcement to change the U.S. Terminal High Altitude Area Defense (THAAD) deployment site into a Lotte-owned golf course in southeast South Korea.

    It also raised suspicions that Lotte may have exchanged its golf course for a military land in hope of avoiding the attempt to detain Shin.

    The land swap deal between Lotte and the defense ministry was signed on Feb. 28, speeding up the deployment procedures. In early March, two mobile launchers and other first elements of THAAD were delivered at night to an unknown U.S. military base here.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 稻城县| 桑日县| 衡东县| 剑川县| 固原市| 清苑县| 仁化县| 阿拉善左旗| 灌云县| 麟游县| 朝阳市| 长寿区| 辛集市| 芦溪县| 夏津县| 崇仁县| 平江县| 凤山县| 大埔县| 新郑市| 中方县| 虞城县| 霍邱县| 泰安市| 吉林市| 永宁县| 桃源县| 武义县| 永靖县| 新兴县| 嘉善县| 巴青县| 宜春市| 肃北| 临高县| 房山区| 当阳市| 宕昌县| 西城区| 资兴市| 甘孜县|