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RSS FeedsUPDATE 2-Arrest of Lotte chairman spark fears of leadership vacuum, shares tumble
(WorldNews South Korea)

 
 

15 february 2018 21:08:27

 
UPDATE 2-Arrest of Lotte chairman spark fears of leadership vacuum, shares tumble
(WorldNews South Korea)
 


The shock arrest of the head of South Korea`s Lotte for bribery sent shares in group firms plunging on Wednesday as investors fretted about a leadership vacuum at a challenging time for the country`s fifth-largest conglomerate. The Seoul Central Court on Tuesday sentenced Lotte Group Chairman Shin Dong-bin to two years and six months in prison in a case tied to an influence-peddling scandal that has rocked the country`s business and political elite. ......


 
14 viewsCategory: General > Asia > South Korea
 
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