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Home Business & Finance Stock Market

South Korea President Yoon indicted for insurrection over martial law decree By Reuters todayheadline

January 26, 2025
in Stock Market
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© Reuters. FILE PHOTO: South Korea’s impeached President Yoon Suk Yeol attends the fourth hearing of his impeachment trial over his short-lived imposition of martial law at the Constitutional Court in Seoul, South Korea, 23 January 2025. JEON HEON-KYUN/Pool via REUTERS/File Photo
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By Hyunsu Yim and Josh Smith

SEOUL (Reuters) -South Korea’s prosecutors indicted impeached President Yoon Suk Yeol on Sunday on charges of leading an insurrection with his short-lived imposition of martial law on Dec. 3, the main opposition party said.

The charges are unprecedented for a South Korean president, and if convicted, Yoon could face years in prison for his shock martial law decree, which sought to ban political and parliamentary activity and control the media.

His move set off a wave of political upheaval in Asia’s fourth-largest economy and a top U.S. ally, with the prime minister also impeached and suspended from power and a number of top military officials indicted for their roles in the alleged insurrection.

The prosecutors’ office did not immediately respond to requests for comment. The indictment was also reported by South Korean media.

Anti-corruption investigators last week recommended charging the jailed Yoon, who was impeached by parliament and suspended from his duties on Dec. 14.

A former top prosecutor himself, Yoon has been in solitary confinement since becoming the first sitting president to be arrested on Jan. 15 after days of defiant, armed standoff between his security detail and arresting officials.

Over the weekend a court twice refused prosecutors’ request to extend his detention while they conducted further investigation, but with the charges they have again requested that he be kept in custody, media reports said.

Yoon’s lawyers had urged the prosecutors to release him immediately from what they call illegal custody.

Insurrection is one of the few criminal charges from which a South Korean president does not have immunity. It is punishable by life imprisonment or death, although South Korea has not executed anyone in decades.

“The prosecution has decided to indict Yoon Suk Yeol, who is facing charges of being a ringleader of insurrection,” Democratic Party spokesman Han Min-soo told a press conference. “The punishment of the ringleader of insurrection now begins finally.”

Yoon and his lawyers argued at a Constitutional Court hearing last week in his impeachment trial that he never intended to fully impose martial law but had only meant the measures as a warning to break political deadlock.

In parallel with his criminal process, the top court will determine whether to remove Yoon from office or reinstate his presidential powers, with 180 days to decide.

South Korea’s opposition-led parliament impeached Yoon on Dec. 14, making him the second conservative president to be impeached in the country.

Yoon rescinded his martial law after about six hours after lawmakers, confronting soldiers in parliament, voted down the decree.

Soldiers equipped with rifles, body armour and night-vision equipment, were seen entering the parliament building through smashed windows during the dramatic confrontation.

If Yoon is removed from office, a presidential election would be held within 60 days.

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