Deposed South Korean president arrested, jailed after long saga

March 31, 2017

South

Seoul, Mar 31: South Korea's disgraced former President Park Geun-hye was arrested and jailed Friday over high-profile corruption allegations that have already ended her tumultuous four-year rule and prompted an election to find a successor. A convoy of vehicles, including a black sedan carrying Park, entered a detention facility near Seoul before dawn after the Seoul Central District Court granted a prosecutors' request to arrest her.

Many Park supporters waved national flags and shouted “president” as Park's car entered the facility. An opponent held up a mock congratulatory ribbon with flowers that read “Park Geun-hye, congratulations for entering prison. Come out as a human being after 30 years.”

Prosecutors can detain her for up to 20 days before formally charging her. The Seoul court's decision is yet another humiliating fall for Park, South Korea's first female president who was elected in 2012 amid overwhelming support from conservatives, who recall her dictator father as a hero who lifted the country from poverty in the 1960-70s despite a record of severe human rights abuses.

Prosecutors accuse Park of colluding with a confidante to extort big businesses, take a bribe from one of the companies and commit other wrongdoing. The allegations led millions of South Koreans to protest in the streets every weekend for months before lawmakers impeached her in December and the Constitutional Court ruled in March to formally remove her from office.

It made Park the country's first democratically elected leader to be forced from office since democracy came here in the late 1980s. South Korea will hold an election in May to choose Park's successor. Opinion surveys say liberal opposition leader Moon Jae-in, who lost the 2012 election to Park, is the favorite.

Prosecutors can charge Park without arresting her. But they said they wanted to arrest her because the allegations against her are “grave” and because other suspects involved the scandal, including her confidante Choi Soon-sil and Samsung heir Lee Jae-yong, have already been arrested. The Seoul court said it decided to approve Park's arrest because it believes key allegations against her were confirmed and there were worries that she may try to destroy evidence.

Park's conservative party described her arrest as “pitiful,” while the liberal politician favored in polls to succeed her said the country took a step toward restoring “justice and common sense.”

The camp of Moon Jae-in, who lost the 2012 presidential race to Park, said in a statement that the nation should now “turn the page on painful history” and focus on creating a fair and clean country.

A day earlier, Park was questioned at a court hearing for nearly nine hours. As she left for the hearing, hundreds of her supporters, many of them elderly citizens, gathered at her private Seoul home. They wept, chanted slogans and tried to block Park's car before being pushed back by police.

In the coming weeks, prosecutors are expected to formally charge Park with extortion, bribery and abuse of power. Her bribery conviction alone is punishable by the minimum 10 years in prison and the maximum life imprisonment in South Korea.

Prosecutors believe Park conspired with Choi and a top presidential adviser to bully 16 business groups, including Samsung, to donate 77.4 billion won ($69 million) for the launch of two nonprofits that Choi controlled. Company executives said they felt forced to donate in fear of retaliatory measures including state tax investigations.

Park and Choi are accused of separately receiving a bribe from Samsung and colluding with top officials to blacklist artists critical of Park's policies to deny them state financial assistance programs, according to prosecutors. Park also is alleged to have passed on state secrets to Choi via a presidential aide.

Park and Choi deny most of the allegations. Park has said she only let Choi edit some of her presidential speeches and got her help on “public relations” issues. Choi made similar statements. The women, both in their 60s, have been friends for 40 years. Park once described Choi as someone who helped her when she had “difficulties,” an apparent reference to her parents' assassinations in the 1970s.

Park's father, Chung-hee, was gunned down by his own intelligence chief in 1979, five years after his wife was killed in an assassination attempt that targeted him. Park Geun-hye served as first lady after her mother's death.

After her father's killing, Park Geun-hye left the presidential Blue House and secluded herself from the public eye before she entered politics in the late 1990s — when public nostalgia for her father emerged after the country's economy was hit hard by the Asian financial crisis. She had since become an icon of South Korean conservatives, earning the nickname “Queen of Elections” for her ability to led her conservative party to win tight elections.

Park now becomes South Korea's third head of state to be jailed after leaving office.

Former presidents Chun Doo-hwan and Roh Tae-woo, both previously army generals, received a life sentence and a 17-year prison term, respectively, in 1996 on charges including treason and bribery. They were released in December 1997 on a special presidential amnesty.

Chun and Roh staged a 1979 coup that put Chun in power more than eight years after Park Chung-hee's death. Roh was elected president in 1987 after Chun's government caved to massive pro-democracy protests and accepted direct, free elections. In 2009, prosecutors questioned former liberal President Roh Moo-hyun over corruption allegations, but they later closed the investigation after Roh leaped to his death.

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News Network
June 15,2020

Jun 15: Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery.

Brent crude futures fell 66 cents, or 1.7%, at $38.07 a barrel as of 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 81 cents, or 2.2%, to $35.45 a barrel.

Both benchmarks ended down about 8% last week, their first weekly declines since April, hit by the U.S. coronavirus concerns: More than 25,000 new cases were reported on Saturday alone as more states, including Florida and Texas, reported record new infection highs.

"Concerns about the recent uptick in COVID-19 infections in the U.S. and a potential 'second wave' are weighing on oil at the moment," said Stephen Innes, chief global market strategist at AxiCorp.

Meanwhile, an OPEC-led monitoring panel will meet on Thursday to discuss ongoing record production cuts to see whether countries have delivered their share of the reductions, but will not make any decision, according to five OPEC+ sources.

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have been reducing supplies by 9.7 million barrels per day (bpd), about 10% of pre-pandemic demand, and agreed in early June to extend the cuts for a month until end-July.

Iraq, one of the laggards in complying with the curbs, agreed with its major oil companies to cut crude production further in June, Iraqi officials working at the fields told Reuters on Sunday.

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News Network
June 24,2020

Jun 24: The coronavirus tally in Pakistan reached 188,926 with the detection of 3,892 new cases in the last 24 hours, the health ministry said on Wednesday.

Sixty more people died due to the viral infection, taking the death toll to 3,755.

As many as 3,337 patients are in critical condition across the country, the ministry said.

With the detection of 3,892 new cases in the last 24 hours, the coronavirus tally in the country now stands at 188,926, it said.

Sindh reported the maximum number of 72,656 cases, followed by 69,536 in Punjab, 23,388 in Khyber-Pakhtunkhwa, 11,483 in Islamabad, 9,634 in Balochistan, 1,337 in Gilgit-Baltistan and 892 in Pakistan-occupied Kashmir (Pok).

Health authorities have so far conducted 1,150,141 coronavirus tests, including 23,380 in the last 24 hours.

A total of 77,754 patients have recovered so far from the disease.

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Agencies
July 18,2020

Days after Twitter accounts of several billionaires were hacked to engineer a crypto scam, Twitter on Saturday said it is embarrassed, disappointed and, more than anything, sorry for what happened with some of its high-profile users as attackers successfully manipulated its employees and used their credentials to access internal systems, including getting through the two-factor protections.

In the first detailed summary of the "social engineering attack" via a crypto scam that hit at least 130 users this week, Twitter said for 45 of those accounts, the attackers were able to initiate a password reset, login to the account and send Tweets.

"We are continuing our forensic review of all of the accounts to confirm all actions that may have been taken. In addition, we believe they may have attempted to sell some of the usernames," the micro-blogging platform said in a statement.

For up to eight of the Twitter accounts involved, the attackers took the additional step of downloading the account's information via "Your Twitter Data" tool.

This is a tool that is meant to provide an account owner with a summary of their Twitter account details and activity.

"We are reaching out directly to any account owner where we know this to be true. None of the eight were verified accounts," said Twitter.

The company said the attackers were not able to view previous account passwords, as those are not stored in plain text or available through the tools used in the attack.

"Attackers were able to view personal information including email addresses and phone numbers, which are displayed to some users of our internal support tools," informed Twitter.

In cases where an account was taken over by the attacker, they may have been able to view additional information, Twitter added, saying its forensic investigation of these activities was still ongoing.

"We are actively working on communicating directly with the account-holders that were impacted".

The company said it will soon restore access for all account owners who may still be locked out as a result of the remediation efforts.

The New York Times reported on Friday that the Twitter crypto scam can be traced back to a group of hackers who congregate online at OGusers.com, a username-swapping community where people buy and sell coveted online handles.

The report said that the Twitter hack is not from Russian, Chinese or North Korean hackers but was done by a group of young people, "one of whom says he lives at home with his mother".

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