
Conviction risks nullifying Yoon's 2022 election and forcing the People Power Party to return nearly US$30 million in campaign expenses
AI-generated summary
Yoon Suk Yeol was convicted of making false statements as a presidential candidate for the People Power Party before his March 2022 election. The Seoul High Court upheld a lower court's sentence of 18 months in prison, suspended for three years.
SEOUL, Nov. 4 (Yonhap) -- An appeals court on Wednesday upheld a suspended prison sentence for former President Yoon Suk Yeol for violating the election law in a high-stakes trial that puts the main opposition party at risk of returning nearly US$30 million in election expenses.
The Seoul High Court confirmed a lower court's sentence of 18 months in prison, suspended for three years, for Yoon on charges of making false statements as a presidential candidate for the People Power Party (PPP) before his March 2022 election.
If Yoon's conviction is finalized with a fine of at least 1 million won ($750) or a prison term, his election will be nullified and the PPP will be required to return the 39.7 billion won it was reimbursed in campaign expenses under the election law.
AI outlook โ possibilities, not facts
Yoon's legal team will appeal the conviction to the Supreme Court
Likely ยท Within weeks
The People Power Party will face pressure to return 39.7 billion won in campaign expenses if the conviction is finalized
Possible ยท Within months
Former President Yoon Seok-yeol was sentenced to 1 year and 6 months in prison and 3 years of probation in the appeals court for making false statements while a presidential candidate. If the sentence is confirmed, the People Power Party must return the 39.7 billion won in election expenses. Former President Yoon's side announced its intention to appeal, and the Supreme Court is expected to make the final decision.
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