Korea: Park withdraws controversial PM nomination – 8 Nov 2016
- November 8, 2016
- Posted by: admin
- Category: Funding trends
- President Park Geun-hye on 8 Nov 16 effectively jettisoned her prime minister-designate, caving in to mounting calls to withdraw the “unilateral” nomination, which aggravated a political deadlock sparked by a corruption scandal involving her confidante.
- During her rare visit to National Assembly Speaker Chung Sye-kyun, Park called on the legislature to recommend a new premier candidate, who she said will “control” the Cabinet as demanded by opposition parties.
- “I came to meet the speaker as it is (my) great responsibility to normalize state affairs,” she told Chung during their meeting that lasted only for some 10 minutes amid a rally by opposition lawmakers clamouring for her resignation. “If the National Assembly recommends a new premier, I will appoint him and let him control the Cabinet.”
- During her talks with Chung, the embattled president also urged the legislature to muster up efforts to overcome economic challenges, pointing to sluggish exports and the fallout from the ongoing restructuring of the shipbuilding and shipping industries.