South Korean Opposition Moves to Impeach President Yoon After Martial Law Controversy
In a dramatic development in South Korea, opposition lawmakers have moved to impeach President Yoon Suk Yeol after his shocking decision to impose martial law. The move comes after protests erupted across the country, sparked by Yoon's declaration of martial law on Tuesday night. The opposition coalition, led by the Democratic Party (DP), filed the motion, and while the vote has not yet been scheduled, it could take place as early as Friday. The political crisis has sent shockwaves through the nation, with South Korea’s economy seeing a brief dip before stabilizing.
The decision to declare martial law, which lasted only a few hours before being reversed, saw South Korean military forces entering parliament to maintain order. This unprecedented step caused widespread public fear and confusion, with thousands of citizens taking to the streets in protest. The violence and tension have escalated the political standoff between the government and the opposition, leading to calls for President Yoon’s resignation or impeachment.
Despite the martial law being lifted, South Korea’s stock market plunged, reflecting investor uncertainty amid the crisis. The government has pledged to inject liquidity into the market to prevent further destabilization. Meanwhile, daily life in Seoul resumed with little visible disruption, although many citizens remained uneasy about the government’s handling of the situation.
The opposition has threatened impeachment if President Yoon does not voluntarily resign, citing his actions as a grave overreach of executive power. The country’s constitution allows for impeachment proceedings if two-thirds of lawmakers vote in favor, and with the opposition controlling the National Assembly, the motion’s success appears possible. Several members of Yoon’s ruling party have expressed dissatisfaction with the martial law decision, calling for accountability and transparency.
As the political turmoil unfolds, the future of President Yoon’s leadership hangs in the balance. With the opposition demanding a full investigation into the martial law decree, the coming days are critical in determining the outcome of this unprecedented political crisis.
Refrence From: www.ndtv.com