South Korea's opposition party vows to impeach acting president
Seoul (AP/PTI): South Korea's main opposition party said Tuesday it will seek to impeach acting leader Han Duck-soo after he missed an opposition-set deadline to approve independent investigations into impeached President Yoon Suk Yeol and his wife.
If realised, Han's impeachment would further deepen South Korea's political tumult and worries by neighbouring countries caused by Yoon's stunning December 3 martial law declaration and ensuing impeachment. Han, the country's No. 2 official, has taken over presidential powers and duties since Yoon's impeachment. If he's impeached too, the finance minister is next in line.
The main liberal opposition Democratic Party, which holds a majority in parliament, has slammed Han for vetoing several opposition-sponsored bills, including a controversial agriculture bill. It also urged Han to quickly appoint justices to vacant seats on the Constitutional Court, which is reviewing Yoon's impeachment and will determine whether to dismiss or reinstate him.
Filling the court's three empty posts could make conviction more likely, as it requires the support of six of the court's nine possible members.
The Democratic Party also demanded that Han approve by Tuesday bills calling for the appointments of special prosecutors to investigate Yoon for rebellion over his marital law decree, and his wife for corruption and other allegations.
But Han didn't do so during Tuesday's Cabinet Council meeting, calling for the ruling and opposition parties to negotiate.
Democratic Party floor leader Park Chan-dae responded that there's no room for negotiations about a Yoon investigation, and that his party would begin steps toward an impeachment at once.
“We've clearly warned that it's totally up to Prime Minister Han Duck-soo whether he would go down in history as a disgraceful figure as a puppet of rebellion plot leader Yoon Suk Yeol or a public servant that has faithfully carried out the orders by the public,” Park told a televised party meeting.
Korean prosecutors and other officials are separately probing whether Yoon committed rebellion and abuse of power, but he's ignored requests by investigative agencies to appear for questioning and allow searches of his office.
Yoon's defence minister, police chief and several other senior military commanders have already been arrested over the deployment of troops and police officers to the National Assembly, which prompted a dramatic standoff that ended when lawmakers managed to enter the chamber and voted unanimously to overrule Yoon's decree.
The governing People Power Party said that the opposition's impeachment threats are interfering with Han's “legitimate exercise of authority." Floor leader Kweon Seong-dong, a Yoon loyalist, said the Democratic Party's “politics of intimidation have reached their peak.”
An impeachment vote would face legal ambiguities. Most Korean officials can be impeached with a simple majority of parliament, but impeaching the presidents takes two-thirds. The rival parties differ on which standard would apply to an acting president.
The Democratic Party controls 170 of the National Assembly's 300 seats, so it would need support from members of other parties including Yoon's own to get a two-thirds majority.
The Constitutional Court has up to six months to determine Yoon's fate. If he's thrown of office, a national election to find his successor must take place within two months.
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Three company directors held in Rs 100-crore investment fraud in Kochi
Kochi (Kerala) (PTI): Police on Sunday arrested three directors of a firm accused of cheating hundreds of investors of over Rs 100 crore through a fake investment scheme linked to agricultural tourism here, officials said.
The accused were identified as Muraleedharan, Ashik Murali and Akhil Murali, all natives of Thrissur.
The arrests were made by the Kalamassery police in connection with a fraud involving ATCOS (Agri Tourism Cooperative Society), a firm headquartered at Pathadipalam here.
Police said the company had promised high returns by collecting investments from the public in the agricultural tourism sector, but allegedly cheated hundreds of people and fled with the money.
ATCOS was registered under the Multi-State Cooperative Societies Act and operated 13 branches across various districts in Kerala, besides a branch in Coimbatore in Tamil Nadu, officials said.
When investors failed to receive their promised returns or the invested amount, complaints were filed with the police.
Officials said around 54 cases have been registered against the firm in 32 police stations across the state, including 29 cases at the Kalamassery police station alone.
Following instructions from Kochi City Police Commissioner K S Mahesh Kumar, a special investigation team was formed under the supervision of Deputy Commissioner of Police (Law and Order) Shehensha and Thrikkakara ACP Manoj Kumar.
The team traced the accused to an apartment in Amala Nagar in Thrissur, where they had been hiding after secretly renting the flat, officials said.
The bank accounts of the accused have been frozen, and steps have been initiated to trace their assets, officials said.
Police also conducted a raid at the company’s office at Pathadipalam and seized several documents related to the case.
The accused were produced before the Judicial First Class Magistrate Court in Kalamassery, which remanded them to judicial custody and sent them to Kakkanad jail.
Police said they would seek the custody of the accused for further interrogation as the investigation continues.
