Lotte Group chairman stays out of jail as South Korea court ruling upheld

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South Korea's Supreme Court on Thursday upheld a ruling by a lower court th...

“We will try to become a trustworthy company as we contribute to the nation and society,” Lotte Group said in a statement following the Supreme Court’s decision.

Shin was convicted of providing 7 billion won to one foundation controlled by Park’s close friend in return for favors to win a duty free license.

 

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