Business Standard

Ex-S.Korean President guilty of abusing power

IANS  |  Seoul 

A on Friday found former guilty of abuse of power and coercion.

She faces 18 corruption-related charges. The verdict is still being read out in a live televised tria and the final sentence is expected to be delivered within hours, reports the

Park faces up to 30 years in prison and millions of dollars in fines.

She has consistently denied wrongdoing.

Park, South Korea's first female who took office in early 2013, became the nation's first elected to be ousted, reports

She is accused of conspiring with her longtime friend and confidante, Choi Soon-sil, to force 53 firms to donate 77.4 billion won ($72.6 million) to two charitable foundations controlled by Choi.

Park was also indicted for accepting 59.2 billion won in bribes from Samsung, Lotte and SK in exchange for business favours.

She is suspected of having let Choi meddle in state affairs even though she had no official authority and held no post in the

The scandal led to a parliamentary impeachment of Park in December 2016. She was formally removed from office by the on March 10 the following year.

Park did not appear in Friday's sentencing trial.

She has been boycotting the hearing in protest of the court's October decision to extend her incarceration six months.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 06 2018. 12:02 IST
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