South Korean PM nominee says president can be subject to investigation
- Wall Street falls with financials, other post-election gainers
- The FTC Confirms Antitrust Charges Against Qualcomm (QCOM) for Monopolizing Semiconductor Device Used in Cell Phones
- United Airlines (UAL) Tops Q4 EPS by 5c
- Obama shortens sentence of Manning, who gave secrets to WikiLeaks
- After-Hours Stock Movers 01/17: (SHLO) Higher; (GIMO) (AFAM) (CSX) Lower (more...)
Kim Byong-joon, a nominee for South Korea's Prime Minister, arrives to attend a news conference in Seoul, South Korea, November 2, 2016. Kim Ju-sung/Yonhap via REUTERS
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
SEOUL (Reuters) - South Korea's new prime minister nominee said on Thursday it is his view that the country's president can be subject to prosecutors' ongoing investigation into an influence peddling scandal.
No sitting South Korean president has been subject to an investigation by prosecutors. Some opposition lawmakers have said the ongoing investigation should extend to President Park Geun-hye.
"My position is an investigation is possible. But since (she) is the head of state, its process and method requires circumspection," the nominee, Kim Byong-joon told a press conference, a day after Park named him to be the next prime minister, as part of a broader cabinet reshuffle.
(Reporting by Ju-min Park and Christine Kim; Editing by Tony Munroe and Christian Schmollinger)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Explosion kills dozens in Malian military camp: witness
- Higher oil prices to aid Gulf external balances but growth outlook still low: Reuters poll
- Disabled refugees 'overlooked' in Greece: Human Rights Watch
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!