Lotte Group raided over alleged embezzlement, malpractice
Jun 10, 2016
Prosecutors raided the headquarters of South Korea's retail giant Lotte Group, as well as its seven affiliates, on Friday over allegations of embezzlement and malpractice.The Seoul Central District Prosecutors' Office said it sent some 200 investigators to 17 places, including the group's headquarters in central Seoul, its major affiliates and the homes of some executives. Hotel Lotte Co., TV channel Lotte Homeshopping and its key retail unit Lotte Shopping Co. were all raided.Prosecutors said t