BR100 Increased By (1.73%)
BR30 Increased By (1.95%)
KSE100 Increased By (1.89%)
KSE30 Increased By (1.95%)
BECO 5.71 No Change ▼ 0.00 (0%)
BML 58.71 Decreased By ▼ -0.96 (-1.61%)
BOP 36.38 Increased By ▲ 0.65 (1.82%)
CNERGY 8.33 Increased By ▲ 0.05 (0.6%)
DCL 11.86 Decreased By ▼ -0.27 (-2.23%)
FCCL 57.51 Increased By ▲ 0.12 (0.21%)
FCSC 5.42 Decreased By ▼ -0.10 (-1.81%)
FFL 18.06 Increased By ▲ 0.03 (0.17%)
FNEL 1.34 Decreased By ▼ -0.01 (-0.74%)
HUMNL 11.67 Increased By ▲ 0.01 (0.09%)
KEL 8.14 Increased By ▲ 0.07 (0.87%)
KOSM 6.06 Decreased By ▼ -0.20 (-3.19%)
MLCF 97.67 Decreased By ▼ -0.46 (-0.47%)
NBP 206.61 Increased By ▲ 8.28 (4.17%)
PACE 11.76 Decreased By ▼ -0.01 (-0.08%)
PAEL 43.56 Increased By ▲ 0.47 (1.09%)
PIAHCLA 27.95 Increased By ▲ 0.60 (2.19%)
PIBTL 18.35 Increased By ▲ 0.39 (2.17%)
PPL 238.89 Increased By ▲ 6.11 (2.62%)
PRL 36.27 Increased By ▲ 0.58 (1.63%)
PTC 67.99 Increased By ▲ 0.41 (0.61%)
SEARL 98.00 Increased By ▲ 3.72 (3.95%)
SSGC 30.43 Increased By ▲ 2.77 (10.01%)
TELE 9.54 Increased By ▲ 0.35 (3.81%)
THCCL 68.69 Decreased By ▼ -1.90 (-2.69%)
TPLP 11.27 Decreased By ▼ -0.10 (-0.88%)
TREET 26.25 Increased By ▲ 0.83 (3.27%)
TRG 70.42 Increased By ▲ 1.57 (2.28%)
WAVES 11.40 Increased By ▲ 0.15 (1.33%)
WTL 1.29 No Change ▼ 0.00 (0%)

imageSEOUL: South Korean President Park Geun-Hye on Friday agreed to be questioned in a formal corruption probe, portraying herself as an over-trusting, "lonely" leader who dropped her guard with a close friend arrested for fraud.

In a highly personal televised address to the nation, Park said the scandal involving her long-time confidante Choi Soon-Sil was "all my fault", but denied reports linking her and Choi to a religious cult.

The scandal has shattered public trust in Park's presidency, and a new Gallup poll showed her approval rating had plummeted to just five percent -- an all-time low for a sitting South Korean president.

"These latest developments are all my fault and were caused by my carelessness," Park said, adding that she had suffered "excruciating heartbreak" for being the cause of so much public concern and distress.

A formal investigation is focused on allegations that Choi, 60, leveraged her close relationship with Park to coerce local firms into donating large sums to dubious non-profit foundations that she then used for personal gain.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed for this article.