South Korean prosecutors seek 10-year jail sentence for Lotte Group founder

November 01, 2017 6:35 PM

SEOUL (BLOOMBERG) – South Korean prosecutors have sought a 10-year prison sentence for Lotte Group founder Shin Kyuk Ho on charges including embezzlement and tax evasion, days after asking a Seoul court to hand jail terms to his sons in a corruption trial into the scandal-plagued retail giant.

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