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Court rejects daughter of Lotte founder's request for bail

All News 15:42 October 07, 2016

SEOUL, Oct. 7 (Yonhap) -- A local court on Friday rejected a request made by the daughter of embattled Lotte Group's founder, seeking to be released on bail, citing the possibility of her destroying evidence.

The Seoul Central District Court dismissed the petition filed by Shin Young-ja, who is currently standing trial over a string of corruption allegations. Shin was arrested on charges of bribery and breach of trust in July, becoming the first of the owner family to be put under detention since prosecutors' launched their probe into the group with full-fledged raids in June.

"There is a possibility of the defendant destroying evidence and it is hard to accept that there are considerable reasons to release her," the court said.

The latest court decision came about a week after prosecutors additionally charged her with evading gift taxes worth some 56 billion won (US$51 million).

Shin Young-ja, the head of Lotte Foundation and daughter of the Lotte Group founder, appears before the Seoul Central District Prosecutors' Office on July 1, 2016, to undergo questioning over allegations she received bribes from the former chief of a local cosmetics brand who is at the center of a high-profile lobbying scandal. (Yonhap)


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