October 19, 2016 / 7:00 AM / in a year

S.Korea prosecutors indict Lotte execs including chairman

SEOUL, Oct 19 (Reuters) - South Korean prosecutors said on Wednesday they have indicted a total of 22 individuals at or previously at Lotte Group including Chairman Shin Dong-bin, as well as two entire group units, as they conclude a corruption probe at the country’s fifth-largest conglomerate.

Seoul Central District Prosecutors’ Office in a statement on Wednesday announced the results of the probe which became public in June.

“We will clearly explain the issues that the prosecution deems problematic,” a Lotte Group spokesman told Reuters. (Reporting by Joyce Lee)

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