Experimental feature

Listen to this article

Experimental feature

Shin Dong-bin, chairman of South Korean conglomerate Lotte Group, will be questioned today by prosecutors in Seoul in connection with the corruption scandal that led to former president Park Geun-hye’s impeachment and the arrest of Samsung heir apparent Lee Jae-yong.

Prosecutors investigating the bribery and influence-peddling scandal said on Thursday in a statement: “We’ve summoned Lotte chairman Shin Dong-bin for questioning at 9:30 am tomorrow as a witness.”

Mr Shin is among the highest-profile corporate leaders to be summoned by prosecutors in the wide-ranging investigation of Ms Park and her adviser Choi Soon-sil.

Last month at a preliminary hearing, Mr Lee of Samsung denied all charges against him – including bribery, embezzlement and perjury – after being arrested for his alleged role in the influence-peddling scandal that ultimately brought down the president.

Lotte Group was recently thrust into the geopolitical spotlight when it agreed to trade land needed to host a planned missile shield in South Korea, despite China’s warnings of business consequences were the US-built defence platform to proceed. Most of its 100 or more stores in China have been forced to close, though the group has said it will continue to invest there.

Get alerts on Lotte Group when a new story is published

Copyright The Financial Times Limited 2019. All rights reserved.

Comments have not been enabled for this article.

Follow the topics in this article