Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

South Korea's Park goes home after 14-hour interrogation in graft probe

Published 21/03/2017, 22:36
© Reuters. South Korea's ousted leader Park Geun-hye leaves a prosecutor's office in Seoul
0593xq
-
EPUJ
-

By Cynthia Kim

SEOUL (Reuters) - Ousted South Korean President Park Geun-hye left prosecutors' offices early on Wednesday after being questioned in an investigation into a corruption scandal that ended her presidency this month.

Park did not respond to reporters' questions as she emerged from the building after nearly 22 hours and entered a waiting car to be driven to her private home.

Prosecutors questioned Park as a criminal suspect for the first time since the Constitutional Court on March 10 upheld her December impeachment by parliament.

Park is accused of colluding with a friend, Choi Soon-sil, to pressure big businesses to donate to two foundations set up to back the president’s policy initiatives.

She and Choi have denied wrongdoing.

Prosecutors declined to comment on Tuesday whether Park would be called back for more questioning or whether they will seek an arrest warrant from the court to detain her.

They did not discuss the details of the questions but said Park was responding well to the investigation.

Park, 65, became South Korea's first democratically elected president to be removed from office when the Constitutional Court on March 10 upheld her impeachment.

She issued a brief statement upon arriving at the prosecutors' office on Tuesday, her first public remark since being removed from office.

"I am sorry to the people. I will faithfully cooperate with questioning," Park said in front of media at the steps of the prosecutors' office building.

The questioning lasted 14 hours until just before midnight, one of her lawyers, Sohn Bum-gyu, told reporters.

She and her lawyers reviewed her statements made to the investigators, before leaving at 6:55 a.m. (2155 GMT Tuesday).

Park has not been charged but could face more than 10 years in jail if convicted of receiving bribes from bosses of big conglomerates, including Samsung (LON:0593xq) Group (SAGR.UL) chief Jay Y. Lee, in return for favours.

Park's fate and the widening corruption investigation have gripped the country at a time of rising tension with North Korea and China.

© Reuters. South Korea's ousted leader Park Geun-hye leaves a prosecutor's office in Seoul

Park smiled and briefly spoke to some of her supporters gathered outside her home before entering the gate without making public comments.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.