{"id":108368,"date":"2021-01-14T06:41:40","date_gmt":"2021-01-14T06:41:40","guid":{"rendered":"https:\/\/precoinnews.com\/?p=108368"},"modified":"2021-01-14T06:41:40","modified_gmt":"2021-01-14T06:41:40","slug":"south-korea-court-upholds-jail-for-ex-president-park-clearing-way-for-chance-of-a-pardon","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/south-korea-court-upholds-jail-for-ex-president-park-clearing-way-for-chance-of-a-pardon\/","title":{"rendered":"South Korea court upholds jail for ex-president Park, clearing way for chance of a pardon"},"content":{"rendered":"

SEOUL (Reuters) – South Korea\u2019s top court upheld on Thursday a 20-year jail sentence for former President Park Geun-hye on graft charges that led to her downfall, bringing an end to the legal process and so for the first time raising the possibility of a pardon.<\/p>

FILE PHOTO: South Korean ousted leader Park Geun-hye arrives at a court in Seoul, South Korea, August 25, 2017. REUTERS\/Kim Hong-Ji<\/figcaption>

Park became South Korea\u2019s first democratically elected leader to be thrown out of office when, in 2017, the Constitutional Court upheld a parliament vote to impeach her over a scandal that also landed the heads of two conglomerates in jail.<\/p>\n

The daughter of a military dictator, Park took office in 2013 as South Korea\u2019s first woman president. She was brought down after being found guilty of colluding with a confidante to receive tens of billions of won from major conglomerates to help her family and fund non-profit foundations she owned.<\/p>\n

Her case has been heard in different courts, including a retrial in July last year, but the Supreme Court\u2019s ruling on Thursday to uphold a 20-year jail term and fine of 18 billion won ($16.38 million) exhausts her legal avenues.<\/p>\n

Park, 68, who has been in jail since March 31, 2017, has denied wrongdoing. She was not present in court.<\/p>\n

The end of the legal process clears the way for a presidential pardon, which her supporters called for.<\/p>\n

\u201cPresident Park Geun-hye is innocent,\u201d the right-wing Our Republican Party said in a statement.<\/p>\n

\u201cThe members of Our Republican Party want President Park to be freed as soon as possible.\u201d<\/p>\n

The chief of the ruling Democratic party, Lee Nak-yon, has floated the idea of a pardon for Park and another ex-president, Lee Myung-bak, also in jail on corruption charges, in the name of national unity.<\/p>\n

Park is a divisive figure in a country where old Cold War fault lines between right and left can still define political rivalry.<\/p>\n

A top aide to President Moon Jae-in, who is a liberal, said the president would make a decision on the question of a pardon for Park that reflects the will of the people.<\/p>\n

Society appears split down the middle.<\/p>\n

A survey by the pollster Realmeter last week found 47.7% of respondents in favour of a pardon and 48% against.<\/p>\n

Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee faces a final court ruling on Monday on whether he returns to jail on charges he bribed an associate of Park.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SEOUL (Reuters) – South Korea\u2019s top court<\/p>\n","protected":false},"author":3,"featured_media":108367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nSouth Korea court upholds jail for ex-president Park, clearing way for chance of a pardon - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/south-korea-court-upholds-jail-for-ex-president-park-clearing-way-for-chance-of-a-pardon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea court upholds jail for ex-president Park, clearing way for chance of a pardon - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"SEOUL (Reuters) – South Korea\u2019s top court\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/south-korea-court-upholds-jail-for-ex-president-park-clearing-way-for-chance-of-a-pardon\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T06:41:40+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/01\/cnewsfotor26-5.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/south-korea-court-upholds-jail-for-ex-president-park-clearing-way-for-chance-of-a-pardon\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/south-korea-court-upholds-jail-for-ex-president-park-clearing-way-for-chance-of-a-pardon\/\",\"name\":\"South Korea court upholds jail for ex-president Park, clearing way for chance of a pardon - 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