February 21, 2018 / 12:39 AM / 6 months ago

Lotte chairman offers to resign from holding company - YTN

SEOUL, Feb 21 (Reuters) - The head of South Korea’s Lotte Holdings has offered to quit as chairman at its Japan-based holding firm, following his arrest for bribery earlier this month, a cable news network YTN said on Wednesday.

Lotte Holdings, which controls a sprawling corporate empire, plans to hold a board meeting later Wednesday and discuss Chairman Shin Dong-bin’s situation, YTN reported.

Reporting by Ju-min Park; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below