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South Korean authorities make new try and raid presidential workplace, Yonhap studies By Reuters
The Tycoon Herald > Business > South Korean authorities make new try and raid presidential workplace, Yonhap studies By Reuters
Business

South Korean authorities make new try and raid presidential workplace, Yonhap studies By Reuters

Tycoon Herald
By Tycoon Herald 4 Min Read
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By Joyce Lee and Ju-min Park

SEOUL (Reuters) -South Korean authorities made a brand new try on Tuesday to go looking the presidential workplace and procure proof as a part of a probe into the legality of President Yoon Suk Yeol’s short-lived bid to impose martial legislation, Yonhap information company reported.

Yoon was impeached on Saturday over his martial legislation decree and suspended from his presidential duties.

A joint investigation crew together with police and the Corruption Investigation Workplace for Excessive-ranking Officers (CIO) was attempting to entry pc servers of the presidential workplace’s safety service to get data of telephones together with one utilized by the police commissioner, Yonhap stated, citing the crew.

This could be the second time authorities have tried to raid the presidential workplace over the declaration of martial legislation that was reversed inside hours after a standoff with parliament. An try on Dec. 11 ended with out entry, however the presidential workplace voluntarily submitted some information.

The police and the presidential workplace didn’t have a right away touch upon Tuesday. The CIO declined to remark.

Since his final public remarks shortly after he was impeached by parliament in a vote on Saturday, Yoon has saved a low profile and authorities and the Constitutional Courtroom haven’t been in a position to contact or summon him, in keeping with the courtroom and officers.

Yoon has been placing collectively authorized groups to defend himself towards accusations of rebel and within the Constitutional Courtroom case which can determine whether or not to take away him from workplace or restore his powers.

Seok Dong-hyun, a lawyer and an ex-prosecutor who helps Yoon, informed reporters on Tuesday that the president’s declaration of martial legislation didn’t represent rebel, Yonhap reported.

Yoon would additionally “confidently express his position in the (Constitutional) Court”, Yonhap cited Seok as saying.

Seok declined to say whether or not Yoon would adjust to a summons to look for questioning on Dec. 21, and stated authorities wanted to streamline present investigations being carried out by a number of companies without delay, together with the prosecution, the police and the CIO, Yonhap reported.

Seok couldn’t instantly be reached for remark by Reuters.

In the meantime, South Korea’s performing president Han Duck-soo on Tuesday referred to as throughout a cupboard assembly for subsequent yr’s authorities finances to be swiftly carried out from the beginning of 2025 to be able to assist revive the nation’s slowing financial system.

Han has been working to reassure South Korea’s allies and calm monetary markets since taking up the duties of Yoon after the president was impeached.

South Korean authorities make new try and raid presidential workplace, Yonhap studies By Reuters

The federal government has determined to frontload 75% of its 2025 finances to be carried out throughout the first half of the yr, the finance ministry stated in an announcement on Tuesday.

South Korea faces financial challenges, together with heightened uncertainty for the trade-dependent nation created by U.S. President-elect Donald Trump’s pledge to hike tariffs, as export progress in Asia’s fourth-largest financial system slowed for a fourth-straight month in November, to the weakest stage in 14 months.

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