You are here: Home » PTI Stories » National » News
Business Standard

South Korean leader plans announcement amid impeachment push

AP  |  Seoul 

The embattled South Korean president announced today that she would make a public announcement amid a push by lawmakers for impeachment and growing public calls for her resignation.

It wasn't clear what Park Geun-hye planned to say in the live TV broadcast, but a resignation would be a major surprise.



Hundreds of thousands of people have gathered in Seoul each Saturday for the last five weeks to demand that Park step down, but she has rejected calls to leave office and has dismissed prosecutors' claims that she colluded with a confidante who allegedly manipulated power from the shadows and extorted companies to amass an illicit fortune.

Her planned speech comes as opposition parties close in on an impeachment motion against her. They plan to put that motion up for vote on Friday. The country's two largest opposition parties were also planning on Tuesday to nominate a special prosecutor to independently investigate the scandal.

There has also been growing momentum from past supporters for her to leave. Some members of Park's conservative Saenuri party have vowed to support an impeachment attempt, arguing it would serve the party's interests to distance itself from Park ahead of next year's presidential election.

Some pro-Park members of the party have even called for her to set a fixed date for resignation to allow her an "orderly exit" while an interim Cabinet named by the parliament organized a new presidential vote.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

South Korean leader plans announcement amid impeachment push

The embattled South Korean president announced today that she would make a public announcement amid a push by lawmakers for impeachment and growing public calls for her resignation. It wasn't clear what Park Geun-hye planned to say in the live TV broadcast, but a resignation would be a major surprise. Hundreds of thousands of people have gathered in Seoul each Saturday for the last five weeks to demand that Park step down, but she has rejected calls to leave office and has dismissed prosecutors' claims that she colluded with a confidante who allegedly manipulated power from the shadows and extorted companies to amass an illicit fortune. Her planned speech comes as opposition parties close in on an impeachment motion against her. They plan to put that motion up for vote on Friday. The country's two largest opposition parties were also planning on Tuesday to nominate a special prosecutor to independently investigate the scandal. There has also been growing momentum from past ... The embattled South Korean president announced today that she would make a public announcement amid a push by lawmakers for impeachment and growing public calls for her resignation.

It wasn't clear what Park Geun-hye planned to say in the live TV broadcast, but a resignation would be a major surprise.

Hundreds of thousands of people have gathered in Seoul each Saturday for the last five weeks to demand that Park step down, but she has rejected calls to leave office and has dismissed prosecutors' claims that she colluded with a confidante who allegedly manipulated power from the shadows and extorted companies to amass an illicit fortune.

Her planned speech comes as opposition parties close in on an impeachment motion against her. They plan to put that motion up for vote on Friday. The country's two largest opposition parties were also planning on Tuesday to nominate a special prosecutor to independently investigate the scandal.

There has also been growing momentum from past supporters for her to leave. Some members of Park's conservative Saenuri party have vowed to support an impeachment attempt, arguing it would serve the party's interests to distance itself from Park ahead of next year's presidential election.

Some pro-Park members of the party have even called for her to set a fixed date for resignation to allow her an "orderly exit" while an interim Cabinet named by the parliament organized a new presidential vote.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

South Korean leader plans announcement amid impeachment push

The embattled South Korean president announced today that she would make a public announcement amid a push by lawmakers for impeachment and growing public calls for her resignation.

It wasn't clear what Park Geun-hye planned to say in the live TV broadcast, but a resignation would be a major surprise.

Hundreds of thousands of people have gathered in Seoul each Saturday for the last five weeks to demand that Park step down, but she has rejected calls to leave office and has dismissed prosecutors' claims that she colluded with a confidante who allegedly manipulated power from the shadows and extorted companies to amass an illicit fortune.

Her planned speech comes as opposition parties close in on an impeachment motion against her. They plan to put that motion up for vote on Friday. The country's two largest opposition parties were also planning on Tuesday to nominate a special prosecutor to independently investigate the scandal.

There has also been growing momentum from past supporters for her to leave. Some members of Park's conservative Saenuri party have vowed to support an impeachment attempt, arguing it would serve the party's interests to distance itself from Park ahead of next year's presidential election.

Some pro-Park members of the party have even called for her to set a fixed date for resignation to allow her an "orderly exit" while an interim Cabinet named by the parliament organized a new presidential vote.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard