Former South Korean President Park Geun-hye’s private house will be auctioned in August of this year. The court confiscated her private home because she did not pay the fine.
In early 2021, the court ruled that Park was eligible for a presidential amnesty in the final verdict.
However, the current President Moon Jae-in still reserves the amnesty of Park.
Park Chung-hee was the first female president of South Korea and the daughter of former president Park Chung-hee. Four years ago, she was impeached and arrested for a political scandal involving a “political trustee.”
In a final verdict in early 2021, the court sentenced him to 20 years in prison for political intervention and bribery and another two years for intervening in the party’s referral, for a total of 22 years in prison. At the same time, she received a fine and recovery of over 20 billion won (about $ 17.7 million).
Park was confiscated in March of this year and was scheduled to be auctioned in August because he did not pay the fine within the designated date. The present value of a private house is 3,160 million won (about 2.8 million dollars).
Park Geun-hye was imprisoned by the fourth former president in South Korea. The three in front of her were Roh Tae-woo, Chun Doo-hwan, and Lee Myung-bak. Park Geun-hye and Lee Myung-bak have still ruled.
Former President Roh Tae-woo and former President Quan Dufan set a precedent by receiving amnesty from the then president while handing down the sentence. In South Korea, amnesty is the unique power of the incumbent president.
Earlier this year, Park Geun-hye was given a final verdict and was deemed eligible for amnesty. According to a survey conducted by South Korean polling agency Realmeter, 47.7% of respondents supported the amnesty and 48% opposed it. Since then, there have been calls for Moon Jae-in to be amnesty to promote Park Geun-hye’s national unity.
South Korean public opinion continues to hear optimistic speculation and rumors about the possibility of amnesty. But so far, the Moon Jae-in administration has been reserved on this topic.
Earlier this year, Moon suggested it was premature to talk about amnesty. In addition to Park Geun-hye, he also mentioned Lee Myung-bak’s forgiveness. Lee was sentenced to 17 years in prison in October 2020 for corruption.
“Their trials are just over. I don’t think it’s the right time to talk about amnesty,” Moon said.
At the Blue House luncheon in April, Moon said that two factors must be considered when pardoning former Presidents Lee Myung-bak and Park Geun-hye. The first is “national consensus,” and the second is “must promote national unity.”
At a press conference in May, Moon admitted that many people want the amnesty of former President Park Geun-hye and former President Lee Myung-bak, but many oppose it.
“We must consider important factors such as justice, justice and public consensus in the judiciary before making a decision,” Moon added.
In early June, the presidential residence said: [the pardons].. “
On June 22, the newly appointed South Korean Prime Minister Kim Fuchian reiterated that it was subject to public consent.
“It’s difficult for the president to make a one-sided decision,” he said, encouraging people to “wait and see.”