Eyes Openers
  • World News
  • Business
  • Stocks
  • Politics
  • World News
  • Business
  • Stocks
  • Politics

Eyes Openers

World News

South Korea court begins review of Yoon impeachment

by December 16, 2024
December 16, 2024
South Korea court begins review of Yoon impeachment

SEOUL – South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President Yoon Suk Yeol over his Dec. 3 martial law attempt, while investigators said they plan to question him this week.

All six current justices of the court will attend the first meeting over the impeachment, which the opposition-led parliament passed on Saturday. The court has up to six months to decide whether to remove Mr. Yoon from office or to reinstate him.

Justice Kim Hyung-du said the Constitutional Court will discuss procedures and how to conduct arguments.

In 2017, the court began oral arguments about three weeks after parliament voted to impeach then-President Park Geun-hye over abusing the powers of her office, and took three months to issue a ruling to strip her presidency.

Mr. Yoon and a number of senior officials face potential charges of insurrection, for the short-lived martial law.

A joint team of investigators from the police, the defence ministry and an anti-corruption agency are planning to call Mr. Yoon in for questioning at 10 a.m. (0100 GMT) on Wednesday, a police official told Reuters.

On Sunday Mr. Yoon did not appear in response to a summons for questioning by a separate investigation by the prosecutors’ office, Yonhap news reported. Yoon cited he was still forming a legal team for his defence as the reason, it said.

The government led by acting president, Han Duck-soo, was moving quickly to reassure international partners and calm financial markets, while the main opposition party pledged to cooperate in efforts to stabilise the situation.

Early on Monday, the finance minister, Bank of Korea governor and top financial regulators met and pledged around-the-clock monitoring of financial and foreign exchange markets.

The benchmark KOSPI index .KS11 rose for a fifth straight session on Monday and traded at its highest levels in more than two weeks, as authorities vowed to stabilise financial markets and analysts noted eased political uncertainty.

Mr. Yoon’s surprise martial law declaration and the ensuing political crisis spooked markets and South Korea’s diplomatic partners, worried over the country’s ability to deter nuclear-armed North Korea.

In one of his first moves as acting president, Han spoke with U.S. President Joe Biden by telephone on Sunday, pledging unwavering commitment to pursue foreign and security policies based on the alliance between the two countries.

Opposition Democratic Party leader Lee Jae-myung welcomed U.S. President-elect Donald Trump’s selection of his former intelligence chief to handle special missions including North Korea as a sign of commitment for dialogue to ease tensions.

The Saturday impeachment vote passed with at least 12 members of Yoon’s ruling People Power Party joining in favour, which has thrown the party into a disarray with its leader Han Dong-hoon announcing his resignation on Monday.

Mr. Han had publicly backed Yoon’s impeachment as the only way to restore order in the country and clashed with some members who continued to oppose the move. – Reuters

previous post
South Korea’s President Yoon reverses martial law after lawmakers defy him
next post
Rice stockpile eyed as Japan PM orders swift relief from rising prices

Related Posts

Harris says Biden ‘courageous’ for choosing to step...

October 11, 2024

Thai PM faces censure motion as opposition takes...

March 24, 2025

Rice stockpile eyed as Japan PM orders swift...

February 4, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Posts

    • 1

      Bolder maritime security forged by Manila and Seoul for the Indo-Pacific region

      September 24, 2024
    • 2

      Floods in South Asia expose gaps in regional climate cooperation

      October 10, 2024
    • A GOP operative accused a monastery of voter fraud. Nuns fought back.

      October 24, 2024
    • 4

      South Korea court begins review of Yoon impeachment

      December 16, 2024
    • 5

      Bill to rewrite Indigenous rights brings tens of thousands of protesters to New Zealand’s parliament

      November 19, 2024

    Categories

    • Business (233)
    • Politics (20)
    • Stocks (74)
    • World News (20)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: EyesOpeners.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 EyesOpeners.com | All Rights Reserved