Seoul court hands down suspended sentence for Lotte chairman

SEOUL (Reuters) - A Seoul court on Friday handed down to Lotte Group Chairman Shin Dong-bin a two-year suspension of a jail sentence related to corruption charges.

The Seoul Central District Court ruling on Friday came after prosecutors charged Shin with embezzlement and breach of trust in October 2016, following a high-profile probe into South Korea's fifth-largest conglomerate.

Lotte Group did not have an immediate comment.

(Reporting by Joyce Lee; Editing by Himani Sarkar)