South Korea: Lotte and SK Group offices raided by investigators over alleged political scandal

Author(s): Divya Kishore | Date: November 24, 2016 | Language: English
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The offices of Lotte Group and SK Group were raided on Thursday (24 November) by South Korean investigators as part of the probe into the alleged political scandal that involves President Park Geun-hye. Spokesmen at Lotte Group and SK Group have confirmed the raid, but they did not give the detailed information.
According to Yonhap News Agency, the two industries are suspected of giving money to two organisations handled by Choi Soon-sil – a close friend of Geun-hye – who is at the centre of the political scandal, to win government favours in relation to duty free licenses.
Meanwhile, government agencies including the finance ministry and customs service department, which supervise duty free licenses, were also searched as part of the high-profile investigation, a finance ministry official and a customs official confirmed. But they denied to provider any further detail.
The development came just a day after Samsung offices and South Korea’s National Pension Service were raided by prosecutors on Wednesday.

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