South Korean President Yoon Suk-yeol Released from Detention Amid Political Turmoil Stocks Surge
1min read South Korean President Yoon Suk-yeol has been released from the Seoul Detention Center, marking a significant turn in the country's political landscape. The Seoul Central District Court canceled President Yoon's arrest warrant on Friday, accepting his request for release. The court's decision was based on the expiration of the legal period for his formal arrest, which occurred before he was detained.
President Yoon was held in the detention center for 52 days in connection with his declaration of martial law on December 3, 2024. He has been indicted for leading an insurrection and was suspended from office following parliamentary impeachment. The decision on his removal from office is currently under review by the Constitutional Court, which is expected to issue its ruling next week.
Prosecutors decided not to appeal the court's decision to revoke President Yoon's detention, paving the way for his release. The Supreme Prosecutors’ Office made this decision a day after the Seoul Central District Court approved Yoon's request for detention revocation. This decision came as a significant development in the ongoing political turmoil in the country.
Upon his release, President Yoon walked out of the detention center and bowed to his supporters, who had gathered to show their support. The release of President Yoon has heightened political tensions in the country, as the Constitutional Court's decision on his removal from office is eagerly awaited.
