South Korean finance minister Choi resigns
- South Korean Finance Minister Choi Sang-mok resigned on May 1 in Seoul, just before a parliamentary impeachment vote against him.
- Choi's resignation followed an impeachment motion introduced by opposition MPs amid accusations over delaying a judicial appointment, deepening political turmoil begun in December.
- Following Acting President Han Duck-soo’s departure, Choi resigned as well, leading to Education Minister Lee Ju-ho taking over the responsibilities of acting president in the lead-up to the June 3 election.
- Choi apologized, referencing severe economic difficulties domestically and internationally, and stated that he could no longer carry out his responsibilities effectively, while the impeachment vote was put on hold.
- Choi's departure adds to South Korea's leadership crisis as the country faces economic contraction and political uncertainty through the upcoming presidential election.
14 Articles
14 Articles
South Korea Plunges into Leadership Vacuum as Finance Minister and Acting President Resign
South Korea’s Finance Minister Choi Sang-mok submitted his resignation late Thursday, deepening the leadership crisis that began earlier when Acting President Han Duck-soo also stepped down. Choi resigned minutes before the opposition-controlled parliament planned to vote on his impeachment. His departure complicates governance efforts as the country faces economic challenges and prepares for a presidential […]
South Korean finance minister Choi resigns, education minister Lee to take over as acting leader
South Korea's finance minister Choi Sang-mok handed in his resignation on Thursday (May 1) and it was accepted, his ministry said in a statement, as the country's parliament was voting on his impeachment.
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