There is a lot of Korea news to cover today, and one of those is the presidential race for South Korea. This is a race to watch closely, and I will post the changes as they take place. Current numbers:
In a sign of how voter sentiment is so strongly tilted away from Mr. Roh’s ruling party, the Lee Hoi-chang became the second-place contender in opinion polls after saying three weeks ago that he would join the race. Two surveys late last week put support for Lee Myung-bak at just over 40%, for Lee Hoi-chang at 20% and for Chung Dong-young, the ruling party candidate, at 14%.
Also, I did not know this:
The registration process also provided legal cover for frontrunner Lee Myung-bak, a former businessman and Seoul mayor who has repeatedly been accused of being involved in fraudulent activities. Under South Korean law, presidents and candidates for the office can’t be accused of a crime.
Last week, prosecutors questioned one of Mr. Lee’s former associates who claims the candidate was directly connected to a company that failed and defrauded investors. Prosecutors previously cleared Mr. Lee of any involvement in the failed company. But the new investigation could have damaged Mr. Lee if they leveled new charges before he was officially registered as a candidate.
“I hope prosecutors will find the truth through fair investigations as quickly as possible,” Mr. Lee said in a statement yesterday. He again asserted that he wasn’t involved in any illegal activity.
What is the story behind this, and if he were cleared of wrongdoing why is it an issue? Perhaps readers can help me understand this. In any case, it should be interesting to watch.
Yonhap has profiles for the candidates as well:
SEOUL, Nov. 25 (Yonhap) — The following are the profiles of South Korea’s three major candidates for the Dec. 19 presidential election. Each enjoys support ratings of more than 10 percent in opinion polls.
Lee Myung-bak — the opposition Grand National Party
Lee would become the first businessman turned head-of-state in South Korean history if he wins the presidential election in December.
The 66-year-old Lee, a former Seoul mayor and ex-CEO of Hyundai Engineering and Construction Co., commands a roughly 40 percent approval rating, the highest among presidential candidates. But some believe that Lee might falter in the run-up to the election because of suspicions that he was entangled in illegal stock manipulation involving an investment advisory company called BBK, now being investigated by prosecutors.
Before Lee enter politics, he worked for Hyundai’s construction company from 1965 to 1992, heading the company for more than half of the time he worked for it, and contributing to South Korea’s economic miracle after the 1950-53 Korean War.
Lee, who earned the nickname “bulldozer” for his aggressive style at Hyundai, won a seat in the National Assembly in 1992 and 1996. He was elected mayor of Seoul in 2002, with his four-year tenure ending in late June in 2006.
Lee Hoi-chang — independent
Conservative Lee, who is calling for a tough policy on North Korea, a pro-business environment and an end to the “leftist regime”, is running for president for the third straight time. He lost in 1997 and 2002 as a candidate of the conservative Grand National Party (GNP).
Lee, 72, an independent presidential candidate, enjoys about 20 percent support following the GNP’s standard-bearer Lee Myung-bak. Critics claim Lee Hoi-chang’s third presidential bid will divide the conservative vote.
Born to an elite family, Lee rose quickly to success in South Korea. He became a judge at the age of 25 and the youngest-ever Supreme Court judge at 45.
Lee entered party politics in 1996 as a lawmaker of the New Korea Party, the predecessor of the GNP, and was the GNP’s presidential candidate in 1997 and 2002. But he lost to underdog liberal candidate Roh Moo-hyun in 2002, in part because of allegations that his two sons dodged military service by fabricating data bout their health. After his defeat, Lee announced his departure from politics.
Chung Dong-young — the pro-government United New Democratic Party (UNDP)
The 54-year-old Chung, who supports rapprochement with North Korea, worked for local broadcasting company MBC as a reporter and an anchor until the early 1990s. His political career began in 1996 as spokesman for then opposition leader Kim Dae-jung, South Korea’s former president.
Chung served two terms as a lawmaker with the then-ruling New Millennium Democratic Party, and after losing in the party’s primary race ahead of the 2002 presidential election, threw his support to then-underdog contender Roh Moo-hyun.
Chung, named unification minister in 2005, transformed himself into an expert on inter-Korean relations. As unification minister, he met with North Korean leader Kim Jong-il in Pyongyang while the North was boycotting the multilateral talks on its nuclear weapons program.
But his ties with Roh soured as the president’s approval rating fell, and Chung led dozens of lawmakers to defect from the now-defunct Uri Party. He played a key role in creating the UNDP.
Well, the huge surprise of the century: Looks like the GNP Lee is going to win by a large margin:
A former Seoul mayor who bills himself as a pro-business conservative is expected to become South Korea’s next president by an overwhelming margin when voters go to the polls on Wednesday. As VOA’s Kurt Achin reports from Seoul, Lee Myung-bak is appealing directly to South Korea’s tradition of economic pragmatism.
Sphere: Related Content
Recent Comments