December 22, 2017 / 7:02 AM / a year ago

Seoul court hands down suspended sentence for Lotte chairman

SEOUL, Dec 22 (Reuters) - A Seoul court on Friday handed down to Lotte Group Chairman Shin Dong-bin a two-year suspension of a jail sentence related to corruption charges.

The Seoul Central District Court ruling on Friday came after prosecutors charged Shin with embezzlement and breach of trust in October 2016, following a high-profile probe into South Korea’s fifth-largest conglomerate.

Lotte Group did not have an immediate comment. (Reporting by Joyce Lee; Editing by Himani Sarkar)

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