Seoul, April 28 (IANS) An appeals court in South Korea on Tuesday sentenced Rep. Kweon Seong-dong of the main opposition People Power Party (PPP) to a two-year prison term on charges of accepting illegal political funds from the Unification Church. The Seoul High Court handed down the sentence after finding him guilty of accepting 100 million won (US$68,000) in January 2022 from a church official seeking favours from the former administration of President Yoon Suk Yeol, reports Yonhap news agenc…
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Seoul, April 19 (IANS) South Korean President Lee Jae Myung renewed his calls for the National Assembly to swiftly begin procedures to appoint a special inspector general tasked with investigating corruption involving the presidential family and other officials, a senior aide said on Sunday. In a press briefing, presidential chief of staff Kang Hoon-sik said that Lee stressed the need to appoint the independent inspector general to oversee misconduct by the president’s spouse and close relatives…
Seoul, Feb 13 (IANS) South Korea’s defence ministry said Friday it has excluded Chief of Naval Operations Admiral Kang Dong-gil from duty over his alleged involvement in former President Yoon Suk Yeol’s botched martial law bid in late 2024. The move came a day after the ministry took a similar action against Ground Operations Commander General Joo Sung-un over suspicions of martial law involvement, marking the second such suspension of a four-star general appointed under South Korean President L…
Seoul, Jan 10 (IANS) South Korean President Lee Jae Myung on Saturday ordered a prompt investigation into alleged drone incursions into North Korea, warning that such acts would constitute “a grave crime” threatening peace on the Korean Peninsula and national security if confirmed. North Korea claimed earlier in the day that South Korea had infringed on its sovereignty with drone incursions last September and again earlier this week, but Seoul’s defence ministry rejected Pyongyang’s accusations….
Seoul, Jan 7 (IANS) Foreign direct investment (FDI) pledges to South Korea reached a record high of over $36 billion in 2025, government data showed on Wednesday, thanks to eased political uncertainties here and the Asia-Pacific Economic Cooperation (APEC) gathering held in the country’s southeastern city of Gyeongju.Last year, South Korea received $36.05 billion worth of FDI commitments, up 4.3 percent from $34.57 billion in 2024, according to the Ministry of Trade, Industry and Resources, repo…