April 17 2017
The chairman of retail giant Lotte has been charged over the graft scandal that brought down the country’s leader. Ousted President Park Geun-hye has also been formally indicted.
Shin Dong-bin, the head of South Korea’s retail powerhouse Lotte, was charged with bribery on Monday after he allegedly offered 7 billion won (5.79 million euros, $6.15 million) to a sports foundation linked to a close aide of former President Park Geun-hye.