BR100 Decreased By (-1.19%)
BR30 Decreased By (-1.81%)
KSE100 Decreased By (-1.04%)
KSE30 Decreased By (-1.1%)
BECO 5.58 Decreased By ▼ -0.25 (-4.29%)
BML 58.50 Increased By ▲ 0.60 (1.04%)
BOP 33.14 Decreased By ▼ -0.65 (-1.92%)
CNERGY 8.11 Decreased By ▼ -0.04 (-0.49%)
DCL 11.39 Decreased By ▼ -0.40 (-3.39%)
FCCL 52.45 Decreased By ▼ -1.04 (-1.94%)
FCSC 5.41 Increased By ▲ 0.01 (0.19%)
FFL 17.63 Decreased By ▼ -0.21 (-1.18%)
FNEL 1.28 Decreased By ▼ -0.02 (-1.54%)
HUMNL 11.20 Increased By ▲ 0.09 (0.81%)
KEL 7.88 Decreased By ▼ -0.14 (-1.75%)
KOSM 5.34 Decreased By ▼ -0.11 (-2.02%)
MLCF 84.89 Decreased By ▼ -2.51 (-2.87%)
NBP 181.45 Decreased By ▼ -2.79 (-1.51%)
PACE 11.89 Increased By ▲ 0.27 (2.32%)
PAEL 39.42 Decreased By ▼ -0.83 (-2.06%)
PIAHCLA 25.69 Decreased By ▼ -0.43 (-1.65%)
PIBTL 16.93 Decreased By ▼ -0.21 (-1.23%)
PPL 224.89 Decreased By ▼ -3.84 (-1.68%)
PRL 34.12 Decreased By ▼ -0.37 (-1.07%)
PTC 65.85 Decreased By ▼ -1.69 (-2.5%)
SEARL 89.40 Decreased By ▼ -1.53 (-1.68%)
SSGC 26.40 Decreased By ▼ -0.43 (-1.6%)
TELE 8.36 Decreased By ▼ -0.17 (-1.99%)
THCCL 66.56 Increased By ▲ 0.42 (0.64%)
TPLP 9.75 Increased By ▲ 0.42 (4.5%)
TREET 24.15 Decreased By ▼ -0.36 (-1.47%)
TRG 69.75 Decreased By ▼ -1.86 (-2.6%)
WAVES 10.75 Decreased By ▼ -0.23 (-2.09%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

imageSEOUL: Former United Nations secretary-general Ban Ki-moon, one of the world's most recognised South Koreans, announced Wednesday he will not stand for the presidency of his country.

Ban returned home last month after a decade in New York and was widely expected to run in elections due this year, but his putative candidacy ran into a series of stumbles.

"I will withdraw from politics," he told reporters at a press conference. "I'm sorry for disappointing many people."

Although he never officially declared he was running, the former UN chief embarked on a series of public appearances and was widely expected to join the ruling Saenuri party of impeached President Park Geun-Hye, or an emerging conservative breakaway for the upcoming presidential elections.

But he struggled to secure party backing in South Korea's highly partisan political system, corruption allegations were made against some of his relatives, and pictures of him trying to put two banknotes into a ticket machine at once made him appear out of touch.

"My pure patriotism and aspirations have fallen victim to slander that was close to personality slaughter," he said Wednesday, before bowing briefly, shuffling his papers and leaving the stage.

His support in public opinion polls rapidly declined from 20.3 percent when he returned to 13.1 percent before his announcement.

A career diplomat, Ban never joined any South Korean political party, although he served as foreign minister under the late liberal president Roh Moo-Hyun from 2004 to 2006.

Copyright AFP (Agence France-Press), 2017

Comments

Comments are closed for this article.