South Korea's Lotte Group said on Tuesday that the jailing of its chairman was "unexpected", adding it was worried the ruling could affect mounting current issues such as a initial public offering of key unit Hotel Lotte [HTLOT.UL].
Seoul Central District Court jailed Shin Dong-bin, the chairman of country's fifth-largest conglomerate, for two years and six months for bribery tied to an influence-peddling scandal that rocked the country's business and political elite.