By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > South Korean opposition leader stabbed
News

South Korean opposition leader stabbed

News Room
Last updated: 2024/01/02 at 3:05 AM
By News Room
Share
4 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The leader of South Korea’s leftwing opposition was stabbed in the neck on Tuesday, throwing the country’s politics into flux ahead of parliamentary elections in April.

Lee Jae-myung, who was defeated by conservative Yoon Suk Yeol by a margin of less than 1 per cent in the last presidential election in 2022, was attacked as he visited the site of a proposed airport in the southern port city of Busan.

The alleged assailant was a man in his 60s who was wearing a paper crown with Lee’s name on it, according to local media reports. Video footage from the event shows the man purporting to ask for Lee’s autograph before lunging forward and stabbing the politician in the neck with a knife. The man has been arrested.

Lee is reported to be conscious and receiving treatment after being airlifted to a hospital in Seoul. His condition is not understood to be life-threatening, according to officials cited by South Korea’s state news agency.

President Yoon condemned the attack on Lee and promised a full investigation. Lee’s Democratic party, which will challenge Yoon’s People Power party in April’s elections, described the attack as an “act of terror” and a “threat to democracy”.

While South Korean governments are appointed by the president, the outcome of the elections will determine the government’s ability to pursue its legislative agenda.

The DP currently enjoys a healthy majority in the country’s National Assembly, but polling suggests a close race, with 29 per cent of voters surveyed last month expressing a preference for the PPP, 25 per cent for the DP and 35 per cent undecided, according to Hankook Research.

The outcome of the election could also threaten Yoon’s recent diplomatic rapprochement with Japan.

Lee, who is known for his anti-Japanese rhetoric, last year accused the government of Japanese Prime Minister Fumio Kishida of “nuclear terrorism” for its decision to release treated radioactive water from the failed Fukushima Daiichi nuclear plant.

A leftwing firebrand and former factory worker with criminal convictions for drink driving and impersonating a prosecutor, Lee has courted controversy during his political career.

He is presently being tried on bribery charges relating to a development project during his time as mayor of the city of Seongnam, outside Seoul. Lee, who denies the charges, launched a hunger strike in August in protest against the Yoon government’s policies, resulting in his hospitalisation the following month.

He returned to frontline politics in October but remains in the sights of the country’s powerful prosecutors. As well as the charges relating to the property development in Seongnam, he is accused of asking an underwear manufacturer to transfer $8mn to North Korea in an illegal effort to foster economic ties with the country’s dictatorship.

Lee denies any wrongdoing, accusing Yoon, a former chief prosecutor, of running “a dictatorship by prosecutors” and overseeing the “retreat of democracy in South Korea”.

Read the full article here

News Room January 2, 2024 January 2, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Gold prices on the move, Tesla set to report earnings after the bell

Watch full video on YouTube

How AI Is Killing The Value Of A College Degree

Watch full video on YouTube

The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid

This article was written byFollowRida Morwa is a former investment and commercial…

US steps up blockade of Venezuela by seeking to board third oil tanker

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Fraudsters use AI to fake artwork authenticity and ownership

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT…

- Advertisement -
Ad imageAd image

You Might Also Like

News

The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid

By News Room
News

US steps up blockade of Venezuela by seeking to board third oil tanker

By News Room
News

Fraudsters use AI to fake artwork authenticity and ownership

By News Room
News

JPMorgan questioned Tricolor’s accounting a year before its collapse

By News Room
News

Delaware high court reinstates Elon Musk’s $56bn Tesla pay package

By News Room
News

How Ford’s bet on an electric ‘truck of the future’ led to a $19.5bn writedown

By News Room
News

Which genius from history would have been the best investor?

By News Room
News

How Friedrich Merz’s EU summit plan on frozen Russian assets backfired

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?