Lotte Chief Joins Jailed-Then-Released Chaebol Heads Shown Mercy

Shin Dong-bin arrives at the Seoul Central District Court on Feb. 13.Photographer: SeongJoon Cho/Bloomberg
Lock
This article is for subscribers only.

A Seoul appeals court on Friday let Lotte Group chairman Shin Dong-bin walk free from prison after suspending a 30-month sentence he’d received for bribery and embezzlement.

The decision was the latest example of clemency shown to a convicted head of a South Korean family-run conglomerate, which are locally known as the chaebol.