Prosecutors in Seoul said on Monday that they would pursue an arrest warrant for former South Korean President Park Geun-hye, who was unseated from office earlier this month by the Constitutional Court. The Seoul District Court will examine the prosecutors’ request in a hearing scheduled for Thursday morning. If the request is granted, Park, 65, would be the first president to be jailed since the 1990s, when the former military dictators Chun Doo-hwan and Roh Tae-woo were arrested on charges of sedition and mutiny.

Impeached in December and formally removed from office on March 10, Park is accused of bribery, extortion, and abuse of office. In a statement, the Seoul Central District Prosecutor’s Office said Park “abused the mighty power and position and president to take bribes from companies and infringed upon the freedom of corporate management and leaked important confidential official information.”

Last fall, hundreds of thousands across the country began demanding Park’s ouster, as she was accused of conspiring with her longtime friend Choi Soon-sil to extort millions of dollars from South Korea’s largest business conglomerates, including Samsung, in exchange for political favors. Choi, an unelected, largely secretive presence inside Park’s inner circle of advisers, is in custody, along with the Samsung executive Lee Jae-yong. Both are being investigated on charges of corruption.

Park has publicly apologized for the allegations against her, but has consistently denied any legal wrongdoing. The prosecutors’ office, in its statement on Monday, said “there is a danger of her destroying incriminating evidence if she is not arrested.”

As president, Park was immune from a criminal investigation, but now, as a private citizen, she does not enjoy the same protection. If the judge in Seoul grants the prosectors’ request, Park will be held behind bars for up to 20 days, during which time the prosecutors will continue the investigation. A spokesman for Park’s Liberty Korea Party called the prosecutors’ request for an arrest warrant “regrettable.” The main opposition faction, the Democracy Party, called it “historic.” An early election will take place on May 9.

South Korea is facing a critical time in its young democracy: North Korea is firing off ballistic missile tests every few weeks, and relations with China are declining because of a defense shield the U.S. began deploying to South Korea earlier this month. Beijing views the missile defense system, or THAAD, as a threat to its own missile program. Park, for her part, is steadfast in denying any wrongdoing. “It will take time, but I am sure that the truth will be known,” she said a few days after her ouster from office.

Alec Siegel

Alec Siegel is a staff writer at Law Street Media. When he’s not working at Law Street he’s either cooking a mediocre tofu dish or enjoying a run in the woods. His passions include: gooey chocolate chips, black coffee, mountains, the Animal Kingdom in general, and John Lennon. Baklava is his achilles heel. Contact Alec at ASiegel@LawStreetMedia.com.

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Lee Jae-yong, the vice chairman of Samsung, was indicted on charges of bribery and embezzlement on Tuesday. Lee is the most powerful South Korean business leader to be ensnared in the country’s longstanding corruption issues, which have reached the highest levels of the government, including President Park Geun-hye, who was impeached in December.

Lee, 48, is accused of giving a $38 million donation to Choi Soon-sil, an unofficial aide to Park who has been detained for months for funneling government funds to her private coffers. The special prosecutor that indicted Lee said in exchange for his donation, Park co-signed a highly controversial merger in 2015 that ultimately consolidated Lee’s hold on the company, and increased Samsung’s stock value by $758 million. Lee has been Samsung’s de facto leader since 2014, when his father suffered a heart attack.

“Samsung was directly linked to the influence-peddling scandal and was essential to the special prosecutor’s investigation,” said a spokesman for the special prosecutor that indicted Lee. “The indictment describes in detail the private conversation between Lee and President Park Geun-hye.”

South Korea’s economy is run by chaebols: family-run business conglomerates. In fact, the 10 largest chaebols account for 80 percent of the country’s GDP. Samsung is the largest chaebol; its products make up 20 percent of South Korea’s exports. For decades, chaebol leaders have been embroiled in corruption. Six of the top 10 chaebol leaders have been convicted of white-collar crimes, but have avoided jail time. 

Lee’s indictment comes at a moment of political tumult and a newfound hunger for cleaning up corruption in South Korea’s business and political worlds, which are often intertwined. Lee denies currying political favors with his donations to Choi. Four other Samsung executives were indicted on Tuesday; three of the four immediately resigned.

Lee is also being indicted on perjury charges, regarding a parliamentary hearing in December. At the hearing, Lee said he was unaware that Samsung’s donations ended up in Choi’s pockets. “President Park asked us to support the development of culture, sports and tourism,” Lee said at the hearing. “I wasn’t aware of Samsung’s payment to the two foundations, and I was only briefed after the fact.” The prosecutor apparently found evidence that Lee was fully cognizant of where his money was headed.

For the past few months, Samsung has been enmeshed in controversy. Last October, the company recalled two million Galaxy Note 7 phones, which had a tendency to burst into flames. And Park has been suspended since her December impeachment. Her case is being reviewed by the Constitutional Court, which will decide, likely in the next few weeks, whether to reinstate her or permanently remove her from power.

Alec Siegel

Alec Siegel is a staff writer at Law Street Media. When he’s not working at Law Street he’s either cooking a mediocre tofu dish or enjoying a run in the woods. His passions include: gooey chocolate chips, black coffee, mountains, the Animal Kingdom in general, and John Lennon. Baklava is his achilles heel. Contact Alec at ASiegel@LawStreetMedia.com.

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