The main opposition Democratic Party (DP) said Friday it will take steps to impeach Prosecutor General Shim Woo-jung over the prosecution's decision not to indict first lady Kim Keon Hee over her alleged involvement in a stock manipulation scheme. "The (DP) leadership discussed the issue of impeaching the prosecutor general and concluded to go ahead with it," Jo Seoung-lae, a senior DP spokesperson, told reporters after a Supreme Council meeting. "The steps and timing of the impeachment will be discussed with the floor leadership." The Seoul Central District Prosecutors Office announced the nonindictment Thursday, four and 1/2 years after the investigation began into allegations that Kim's stock trading accounts were used in a massive stock price manipulation scheme involving Deutsch Motors Inc., a BMW dealer, between 2009-2012. Prosecutors concluded that she did not know her accounts were used for manipulation. Source: Yonhap News Agency
DP to take steps to impeach prosecutor general over nonindictment of first lady
Recent Posts
Nvidia Invests US$3.5B in MediaTek’s Record US$3.9B Bond Offering
September 1, 2026
Taiex Soars to 2-Month Closing High on Nvidia-MediaTek Deal
September 1, 2026
Lai Urges Europe to Sign Investment, Tax Agreements with Taiwan
September 1, 2026
Micron Taiwan to Distribute Record Bonuses as Union Plans Strike
September 1, 2026
Stock Trading Accounts Surge as Taiex Rebounds Impressively
September 1, 2026
Related News
Finnish International School Opens Doors in Kaohsiung
September 1, 2026
Doctor Indicted for Allegedly Defrauding 424 Patients of NT$18 Million
September 1, 2026
Taiwan Approaching Seasonal Flu Epidemic as Weekly Cases Surge
September 1, 2026
Saudel Regains Tropical Storm Strength as Pingtung Faces Severe Rainfall
September 1, 2026