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Senior exec of South Korea's Lotte Group has died: Lotte official

Friday, August 26, 2016 - 09:07

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A senior executive of South Korea's Lotte Group has died, an official at the country's fifth-largest family-run conglomerate told Reuters on Friday, amid a sweeping criminal probe into the business.

[SEOUL] A senior executive of South Korea's Lotte Group has died, an official at the country's fifth-largest family-run conglomerate told Reuters on Friday, amid a sweeping criminal probe into the business.

The official, who declined to be named as he was not authorised to speak publicly on the matter, said a police investigation into the death of Lee In-won, a Lotte Group Vice Chairman, was underway. He did not elaborate.

Yonhap News Agency, citing unnamed sources, reported a body believed to be Mr Lee's was found on a walking path outside Seoul on Friday morning.

Police were conducting an investigation to confirm whether the body was Mr Lee's, Yonhap said, adding that a suicide note was found in the executive's car.

REUTERS

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