South Korean court to hear arrest request for Lotte chairman on September 28

South Korean court to hear arrest request for Lotte chairman on September 28
 

A South Korean court will hold a hearing on Sept. 28 to decide on prosecutors' request for an arrest warrant against Lotte Group chairman Shin Dong-bin, a judge said on Tuesday, following a criminal probe of the retail-to-chemicals conglomerate.
The court will hear on Wednesday Shin's responses to the submission from prosecutors that they suspect Shin of embezzlement and breach of trust, a Seoul Central District Court judge who acts as court spokesman told Reuters.
There is no fixed time for a ruling, the judge said.
South Korean prosecutors asked the court on Monday to approve an arrest... read more

 
27 September 2016 in Business, Views: 47
Source: Reuters
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