SEOUL, Dec. 10 (Korea Bizwire) — Former Defense Minister Kim Yong-hyun issued an order to prevent 150 lawmakers from gathering at the National Assembly on the night of last week’s martial law declaration, a military commander said Tuesday. Lt. Gen. Kwak Jong-keun, chief of the Army Special Warfare Command, claimed at a parliamentary session that [...]
SEOUL, Dec. 10 (Korea Bizwire) — The National Assembly is set to open a plenary session Tuesday to vote on a bill mandating a permanent special counsel to investigate treason charges against President Yoon Suk Yeol over his failed bid to impose martial law last week. The bill calls for an investigation into Yoon, former [...]
SEOUL, Dec. 10 (Korea Bizwire) — Cho Ji-ho, commissioner general of the Korean National Police Agency, and two other top police officials have been banned from leaving the country in connection with the ongoing police investigation into President Yoon Suk Yeol’s short-lived declaration of martial law last week, the National Office of Investigation (NOI) said [...]
SEOUL, Dec. 10 (Korea Bizwire) — A Seoul court is set to decide Tuesday whether to issue an arrest warrant for former Defense Minister Kim Yong-hyun on treason charges related to President Yoon Suk Yeol’s martial law declaration in what would be the first court judgment on the case. Kim is suspected of having colluded [...]
SEOUL, Dec. 10 (Korea Bizwire) — The leader of the main opposition party said Tuesday his party would pass the downsized budget bill for next year through a plenary session later in the day, adding that passage of the budget bill could help ease political uncertainties triggered by President Yoon Suk Yeol’s botched martial law [...]
SEOUL, Dec. 10 (Korea Bizwire) — Prime Minister Han Duck-soo made a plea to political leaders and civil society to make efforts to stabilize state affairs and unite the nation to address political turmoil triggered by President Yoon Suk Yeol’s botched martial law declaration. Han made the remark during the first Cabinet meeting held after [...]
SEOUL, Dec. 9 (Korea Bizwire) — The head of a special forces unit involved in last week’s martial law enforcement said Monday his soldiers are victims used by former Defense Minister Kim Yong-hyun and vowed to take full responsibility over his unit’s actions. Col. Kim Hyun-tae, head of the 707th Special Mission Group, made the [...]
SEOUL, Dec. 9 (Korea Bizwire) — The main opposition Democratic Party (DP) proposed a special counsel bill on Monday to investigate whether President Yoon Suk Yeol committed treason and other violations during his short-lived declaration of martial law last week. Rep. Kim Yong-min, the DP’s deputy floor leader for policy, and Rep. Kim Seung-won submitted [...]
SEOUL, Dec. 9 (Korea Bizwire) – The South Korean military flew drones over Pyongyang in October at the order of then Defense Minister Kim Yong-hyun, who is currently under investigation for his involvement in the martial law declaration, a lawmaker said Monday. Citing a tip-off from within the military, Rep. Park Beom-kye of the main [...]
SEOUL, Dec. 9 (Korea Bizwire) – Following President Yoon Suk Yeol’s shock declaration of martial law on December 3, foreign investors have initiated a significant withdrawal from South Korean financial institutions, marking a notable shift in international investment patterns in the country’s markets. The exodus appears driven by concerns that the financial sector could be particularly [...]