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 significant ruling looms on Wednesday as an appeals court is scheduled to decide the fate of former President Yoon Suk Yeol's election law violation case. The verdict, which carries the potential to cost the main opposition party nearly $30 million in election expenses, will be live televised. The Seoul High Court planned the hearing for 2 p.m., focusing on allegations that Yoon made false statements during his presidential campaign for the PPP in March 2022.
Following a district court's judgment in July, Yoon faced an 18-month prison term, suspended for three years, after being found guilty of the charges. Had the sentence been finalized through appeals, Yoon's election would be annulled, compelling the People Power Party to return its reimbursed election expenses totalling 39.7 billion won, or approximately $29.5 million.
According to the election law, the state grants full reimbursement to political parties when their candidate secures at least 15 percent of the vote. However, in cases where the candidate receives a finalized prison sentence or a fine of at least 1 million won for election-related infractions, parties are obligated to 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.
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