Appeals court to rule on ex-President Yoon's high-stakes election law case
An appeals court was set to rule Wednesday on former President Yoon Suk Yeol's election law violation case in a ruling that could force the main opposition party to cough up nearly $30 million in election expenses, if finalized. The Seoul High Court was scheduled to hold the hearing at 2 p.m., which will be televised live, over allegations that Yoon made false statements during his presidential…
A high-stakes election law case involving former President Yoon Suk Yeol is set to be ruled upon by an appeals court on Wednesday, a decision that could result in the main opposition party, the People Power Party (PPP), having to reimburse nearly $30 million in election expenses. The Seoul High Court is scheduled to hear the case at 2 p.m., with the proceedings being televised live.
The allegations against Yoon concern false statements he allegedly made during his presidential campaign in 2022, prior to his election. In July, a district court sentenced Yoon to an 18-month prison term, which was later suspended for three years, after finding him guilty of the charges. Should the sentence be finalized through the appeals process, Yoon's election would be declared invalid, forcing the PPP to return the 39.7 billion won ($29.5 million) in reimbursed election expenses.
According to the election law, the state provides full reimbursement for political parties' campaign spending if their candidate secures at least 15% of the vote. However, if the candidate receives a finalized prison sentence or a fine of at least 1 million won during an election, the party must return all reimbursed funds.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
