S Korea to hold election on May 9 to choose Park successor

Image
AP Seoul
Last Updated : Mar 15 2017 | 11:42 AM IST
South Korea says it will hold an election on May 9 to choose a successor for ousted President Park Geun-hye.
The Constitutional Court ruled Friday to formally end Park's presidency over a huge political scandal involving her and her longtime confidante. By law, South Korea must hold a national vote to find her successor within two months of the ruling.
The Ministry of Interior said Wednesday that May 9 has been chosen as the date for the election.
Moon Jae-in, a liberal opposition leader who lost the 2012 presidential election to Park, is the favorite to be the country's next leader in opinion surveys.
Prosecutors accuse Park of colluding with confidante Choi Soon-sil to extort money from businesses and allowed her pull government strings from the shadows.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 15 2017 | 11:42 AM IST

Next Story