Opposition leader to attend court hearing on arrest warrant

Opposition leader Lee Jae-myung will attend an upcoming court hearing on his arrest warrant on corruption charges, his party said Monday. The hearing to be held Tuesday at the Seoul Central District Court will mark his first public appearance since ending a 24-day hunger strike on Saturday. Lee, the chair of the main opposition Democratic Party (DP), will be accompanied by his lawyer for the hearing, DP spokesperson Kwon Chil-seung said in a briefing. Lee has been under medical treatment after h

Sept. 25, 2023

Chief justice seat at top court left vacant amid Assembly chaos

South Korea’s Supreme Court faces an unusual vacancy for the first time in 30 years as the National Assembly motion to appoint a replacement for the retiring chief justice was delayed amid turmoil over an arrest warrant request for the main opposition party leader. Ahn Chul-sang, the most senior of the 13 Supreme Court justices, will serve as acting chief justice starting Monday until the motion is considered and passed at the next Assembly plenary session. In a meeting also held Monday, t

Sept. 25, 2023

[Bills in Focus] Holding CEOs accountable for lack of internal financial control

Proposed bill: Partial Amendment to the Act on Corporate Governance of Financial Companies Proposed by Rep. Yoon Han-hong (People Power Party) ● The frequent occurrence of financial accidents has raised the need for financial companies to strengthen the monitoring of their internal control system. To ensure financial companies operate an effective internal control system, this amendment establishes an internal control committee under the board of directors to strengthen the board's responsibilit

Sept. 25, 2023

Political strife may delay Korea’s launch of new space agency

The plan to establish South Korea’s new space body inspired by the US' NASA, called the Korea Aerospace Administration (KASA) before the end of the year is now apparently off the table, as lawmakers have yet to find the middle ground for KASA’s legislation. The lawmakers of the Science ICT, Broadcasting and Communications Committee announced on Sept. 5 that they would set up an agenda coordination committee to conduct a series of meetings to come to a conclusion for the special

Sept. 25, 2023

Yoon's approval rating edges up after 6-day trip to New York

President Yoon Suk Yeol emphasized his diplomatic outreach with 47 heads of state during his trip to New York last week and amplified commitments to boost government assistance at a Cabinet meeting Monday. These diplomatic efforts are expected to lay a cornerstone for enhancing energy infrastructure using atomic and hydrogen power in countries vulnerable to climate change and boosting the international community's access to digital infrastructure, he said. During the livestreamed meeting,

Sept. 25, 2023

Yoon pushes for Xi’s visit to firm up ties with China

The presidential office said Sunday that it will lead efforts to facilitate a visit by Chinese President Xi Jinping, a day after the Chinese leader said he will “seriously consider it” during talks with Prime Minister Han Duck-soo held on the sidelines of the Asian Games in Hangzhou, China. The dialogue, which took place hours ahead of the games’ opening ceremony, centered on bolstering exchanges, an agreement reached earlier this month when President Yoon Suk Yeol met with Chi

Sept. 24, 2023

Opposition party leader ends 24-day hunger strike for treatment

Opposition leader Lee Jae-myung, who has been on a hunger strike in protest against what he called a slew of the Yoon government's policy failures, ended his fasting after more than three weeks, a party official said Saturday. "Chairman Lee will end the hunger strike on its 24th day and begin treatment for recovery," Kang Sun-woo, a spokesperson for the main opposition Democratic Party, said in a briefing. "The medical team treating Lee strongly called for Lee to call off the

Sept. 23, 2023

Opposition head pleads for support in ‘fight against Yoon dictatorship’

Democratic Party of Korea leader Rep. Lee Jae-myung on Friday made pleas to "salvage democracy" from the Yoon Suk Yeol administration, a day after the National Assembly passed a motion to let the court decide whether to issue an arrest warrant for him. In a written statement, he called attention to the country’s history of fighting military dictatorships, and the monthslong protests that led to the impeachment of the Park Geun-hye administration. “As history is a guide, it

Sept. 22, 2023

'Despicable act of betrayal' — Democratic Party feud deepens after arrest motion approval

Leading figures of the main opposition Democratic Party of Korea lashed out at party rebels Friday, after the previous day's unexpected approval of a hearing on a warrant to arrest the party's leader, Lee Jae-myung. The hearing has been scheduled for Tuesday. The result of the vote came as a shock, as Lee's party holds 168 out of the 298 seats in the National Assembly. The outcome suggests that dozens of Democratic Party lawmakers cast dissenting votes. At the Supreme Council meet

Sept. 22, 2023

Yoon revs up efforts to promote Expo bid in back-to-back New York summits

President Yoon Suk Yeol held another round of back-to-back summits with world leaders in New York on Thursday as he rampped up his push to promote South Korea's bid to host the 2030 World Expo in Busan. Since his arrival in New York on Monday to attend the UN General Assembly, Yoon has held dozens of two-way summits in a last-ditch effort for the Expo bid. In a morning summit, Yoon met with Ecuadorian President Guillermo Lasso and said that bilateral talks on the signing of a strategic econ

Sept. 22, 2023

Assembly votes to let court decide on opposition chief’s arrest warrant

The National Assembly on Thursday voted to pass the motion for a possible arrest warrant that removed the protective immunity of Democratic Party of Korea leader Rep. Lee Jae-myung on day 22 of his hunger strike against the Yoon Suk Yeol administration. The motion’s passage gives the court the Assembly’s permission to decide whether to issue an arrest warrant for Lee, who is a criminal suspect in three corruption cases and a defendant in two ongoing criminal trials. In a plenary sess

Sept. 21, 2023

Parliament passes arrest motion against opposition leader, dismissal motion against PM

The National Assembly on Thursday passed a motion seeking parliamentary consent to the potential arrest of opposition leader Lee Jae-myung, while also passing another motion calling for the dismissal of Prime Minister Han Duck-soo. In a 149-136 vote during a plenary session, the Assembly passed the motion to lift arrest immunity for Lee of the main opposition Democratic Party (Democratic Party), who faces breach of trust, bribery and other charges in connection with a scandal-ridden land develop

Sept. 21, 2023

Parliament to vote on motions on opposition leader's arrest, PM's dismissal

The National Assembly was set to vote Thursday on two separate motions seeking the arrest of opposition leader Lee Jae-myung and the dismissal of Prime Minister Han Duck-soo. The motions will be put to an anonymous vote during a plenary session in the afternoon. The motion requesting parliamentary consent to lift the arrest immunity of Lee of the main opposition Democratic Party came after the prosecution sought an arrest warrant for him over breach of trust and other charges. By law, sitting la

Sept. 21, 2023

Opposition leader could face arrest as his fate hangs in balance

A second motion to arrest the main opposition leader Rep. Lee Jae-myung was submitted to the National Assembly on Wednesday, inching closer to a parliamentary vote on Thursday that could determine his fate. This is the ninth attempt of the government since the last legislative election in May 2020 to push for the arrest of an active lawmaker. Lawmakers have immunity from criminal arrest unless parliament grants approval. Four lawmakers have since been arrested. An earlier attempt to put Lee in d

Sept. 20, 2023

Assembly to vote on opposition leader’s arrest warrant after Yoon approval

Another motion for an arrest warrant for Democratic Party of Korea’s leader Rep. Lee Jae-myung, who is in hospital from his 19-day hunger strike, awaits a vote by the National Assembly, possibly on Thursday. President Yoon Suk Yeol approved the request for the opposition leader’s arrest warrant, which was referred to the Assembly for a vote, his office said Tuesday. The presidential approval comes a day after Seoul prosecutors filed an arrest warrant request after Lee over three sepa

Sept. 19, 2023

Yoon meets leaders of Sri Lanka, San Marino, other nations

President Yoon Suk Yeol held summits with the leaders of Sri Lanka, San Marino and four other nations in New York on Monday, kicking off a series of bilateral meetings arranged on the sidelines of the UN General Assembly to seek support for South Korea's bid to host the 2030 World Expo. Yoon, who arrived in New York on Monday for a five-day visit, is scheduled to address the UN General Assembly on Wednesday and hold at least 30 bilateral summits on the margins, according to his office. Duri

Sept. 19, 2023

[Bills in Focus] Human rights and environmental due diligence, more exemptions from development charges

Proposed bill: Act on Human Rights and Environment Protection for Sustainable Business Administration of Corporations Proposed by Rep. Jung Tae-ho (Democratic Party of Korea) ● ESG policies are now considered a key factor in business management in achieving corporate sustainability and long-term value. In tandem with the global trend of mandating human rights and environmental due diligence within supply chains, this bill requires companies to create plans for implementing human rights and envir

Sept. 18, 2023

Yoon seeks global backing against NK after Kim-Putin talks

South Korean President Yoon Suk Yeol left for the 78th United Nations General Assembly on Monday to seek international support against North Korea's recent summit with Russia and promote Busan's 2030 World Expo bid. In his second attendance to the UN General Assembly since taking office last year, Yoon was expected to deliver a strong message condemning the military cooperation between North Korea and Russia during his keynote speech on Wednesday, Eastern Standard Time. Earlier last we

Sept. 18, 2023

Anti-corruption office demands indictment of ex-Defense Minister

The anti-corruption investigation office has demanded the prosecution indict former Defense Minister Song Young-moo over suspicions of abuse of power, officials said Monday. The Corruption Investigation Office for High-ranking Officials has been investigating Song on suspicions of forcing then senior ministry officials to make and endorse documents refuting a media report that he had said a controversial contingency martial law plan authored by the previous Park Geun-hye government "legally

Sept. 18, 2023

Prosecution seeks arrest warrant for ailing opposition chief

Rep. Lee Jae-myung, the bedridden leader of the Democratic Party of Korea on a strike against what he calls President Yoon Suk Yeol’s “tyrannical rule,” is wanted by prosecutors on an arrest warrant request for the second time this year. Seoul prosecutors said Monday they filed a request for an arrest warrant against Lee, who is already a defendant in two corruption trials, on three different counts of accusations. One is that he colluded with a policy aide while he was mayor o

Sept. 18, 2023