• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

South Korea’s President Yoon ousted by Constitutional Court

April 4, 2025
in World
South Korea’s President Yoon ousted by Constitutional Court
Share on FacebookShare on TwitterWhatsapp

SEOUL: South Korean President Yoon Suk Yeol was ousted by the Constitutional Court on Friday, which upheld parliament’s impeachment motion over his short-lived imposition of martial law last year that sparked the country’s worst political crisis in decades.

With Yoon’s ouster, a presidential election is required to take place within 60 days, according to the country’s constitution.

Prime Minister Han Duck-soo will continue to serve as acting president until the new president is inaugurated.

Acting Chief Justice Moon Hyung-bae said violated his duty as president by taking actions that were beyond the powers given to him under the Constitution, and the effect of his actions was a serious challenge to democracy.

“(Yoon) committed a grave betrayal of the people’s trust who are the sovereign members of the democratic republic,” he said, adding by declaring martial law Yoon, created chaos in all areas of society, the economy, foreign policy.

The ruling was unanimous among the eight justices, Moon said. Thousands of people at a rally calling for Yoon’s ouster, including hundreds who had camped out overnight, erupted into wild cheers on hearing the ruling, chanting “We won!” The ruling caps months of political turmoil that have overshadowed efforts to deal with the new administration of US President Donald Trump at a time of slowing growth.

Separately, 64-year-old Yoon faces a criminal trial on insurrection charges.

The embattled leader became the first sitting South Korean president to be arrested on January 15 but was released in March after a court cancelled his arrest warrant.

South Korea investigators ask prosecutors to indict Yoon for insurrection, abuse of power

The crisis was triggered by Yoon’s December 3 declaration of martial law, which he has said was needed to root out “anti-state” elements and the opposition Democratic Party’s alleged abuse of its parliamentary majority that he said was destroying the country. Yoon lifted the decree six hours later after lawmakers defied efforts by the security forces to seal off parliament and voted to reject it.

Yoon has said he never intended to fully impose emergency military rule and tried to downplay the fallout, saying nobody was hurt.

Months of protests have followed, and it remained unclear if the political chaos sparked by Yoon’s martial law declaration will now be eased by the court ruling.

Tags: constitutional courtSouth KoreaYoon Suk Yeol
Share15Tweet10Send
Previous Post

Shares slide, US Treasuries rally as Trump tariffs unleash recession fears

Next Post

US yields fall to six-month lows on recession worries

Related Posts

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit
World

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit

December 4, 2025
Tariffs, AI boom could test global growth’s resilience, OECD says
World

Tariffs, AI boom could test global growth’s resilience, OECD says

December 3, 2025
India’s Adani Group eyes $10 billion fundraise in FY27, official says
World

India’s Adani Group eyes $10 billion fundraise in FY27, official says

November 28, 2025
India expects trade deal with US by end of year, senior official says
World

India expects trade deal with US by end of year, senior official says

November 29, 2025
India approves $816mn rare earth permanent magnets manufacturing programme
World

India approves $816mn rare earth permanent magnets manufacturing programme

November 26, 2025
Niketa Patel Press Freedom at CPJ International Awards
MEDIA

Niketa Patel Highlights Press Freedom at CPJ International Awards

November 26, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.