Monday, April 17, 2017

THREATS FROM NORTH KOREA: Prosecutors charged President Park for bribery


South Korean prosecutors charged ousted leader Park Geun-hye and Lotte Group chairman Shin Dong-bin with bribery in the latest twist to a corruption scandal that rocked the nation for months.

The probe has already convulsed the biggest conglomerate, Samsung Group, with its chief Jay Y. Lee under arrest for bribing Park and her friend, Choi Soon-sil. All three are being held at detention centres.

Prosecutors accused Park of colluding with Choi to receive 7 billion won from Lotte for favours, they said in a statement. Park was also charged with abuse of power and coercion by pressuring big businesses to contribute funds to non-profit foundations, the prosecutors said.

Lotte denied the allegations as well as the Park, Lee, Choi and Samsung Group.

Source: Reuters

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