South Korea Park's office says martial law claim 'irresponsible demagoguery'
- Donald Trump Sworn in as 45th U.S. President
- U.S. stocks pare gains after Trump's inaugural speech
- Walgreens Boots Alliance (WBA) Said to Face Antitrust Concern for Rite Aid (RAD) Fix - Bloomberg
- Bristol-Myers Squibb (BMY) Says It Won't Pursue Accelerated U.S. Regulatory Pathway for Opdivo Plus Yervoy in Lung Cancer
- Herbalife (HLF) Says SEC Requested Documents on Anti-Corruption Compliance in China; Reviewed with DoJ
South Korean President Park Geun-hye delivers her speech during the inaugural session of the 20th National Assembly in Seoul, South Korea, June 13, 2016. Picture taken on June 13, 2016. REUTERS/Kim Hong-Ji
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
SEOUL (Reuters) - South Korean President Park Geun-hye's office on Friday dismissed a claim by the leader of the opposition that she was planning to declare martial law as "irresponsible demagoguery".
Park's administration has been rocked by allegations that a friend used her ties to meddle in state affairs and wield improper influence, triggering calls for the president to be impeached or step down.
The opposition Democratic Party's leader, Choo Mi-ae, said at a party meeting on Friday that there was intelligence Park planned to declare martial law.
Park's spokesman, Jung Youn-kuk, said Choo's comments were "unbecoming of the leader of the main opposition party and are political demagoguery that is exceedingly irresponsible".
Park is under pressure from an angry public to step down with hundreds of thousands expected to gather in the capital on Saturday in the fourth straight weekend protest.
Park's father, Park Chung-hee, took power in a coup in 1961 declaring martial law and ruled until he was shot dead in 1979. He declared martial law twice more during his time in office.
(Reporting by Jack Kim and Ju-min Park; Editing by Nick Macfie)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Chapo extradition seen boosting U.S.-Mexico security relations under Trump
- Uber hires Google search veteran Singhal for senior engineering post
- Any country leaving euro zone must settle bill first: ECB's Draghi
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!