News
South Korea’s impeached president gets pay rise
By Francesca Hangeior
Suspended South Korean President Yoon Suk Yeol will receive a scheduled pay rise, official documents showed on Monday, despite an impeachment trial and investigation into his ill-fated martial law declaration.
Yoon suspended civilian rule on December 3, sending soldiers into parliament and plunging South Korea into its worst political crisis in decades. He was forced to backtrack hours later.
He has been impeached by lawmakers and is awaiting a final Constitutional Court ruling that could finalise his removal from office, while separately facing an insurrection probe with investigators seeking to detain him for questioning.
However, Yoon was given a raise, according to the civil servant salary table for 2025, even as he remains holed up in the presidential residence using his security detail to resist arrest.
The document from the Ministry of Personnel Management, seen by AFP on Monday, indicates Yoon’s salary will rise to 262.6 million won ($178,400) — a three percent raise compared with last year.
Yoon is only suspended from duty because the impeachment motion is still being deliberated by the Constitutional Court, so he retains his status as president and will be able to receive his salary and security benefits.
His successor as acting president, Prime Minister Han Duck-soo, who was himself impeached and is now suspended from office, will also receive a salary raise of three percent to 203.5 million ($138,350).
“It makes my blood boil. He’s (Yoon) getting paid for doing nothing,” one user wrote in a post on social media platform X that quickly went viral.
Yoon has refused to meet prosecutors and investigators probing his martial law declaration, and his presidential guard unit thwarted an attempt to arrest him following a tense, hours-long standoff this month.
Investigators are preparing another arrest attempt.
Rival protests for and against Yoon have been staged almost daily in the South Korean capital since the crisis began.
The Chairman of Bariga Local Government Area of Lagos State, Kolade Alabi, on Wednesday, suddenly slumped at the All Progressives Congress stakeholders’ meeting held at the party’s Secretariat in Ikeja, the state capital.
According to The PUNCH, Alabi, who is the state chairman of the Association of Local Government of Nigeria, was addressing party members when the sad incident occured.
Fortunately, he was immediately revived and rushed away to the hospital in an ambulance for further treatment.
Details shortly…
The Federal High Court in Abuja on Wednesday, admitted a video recording allegedly showing the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu issuing inflammatory directives which the prosecution claims incited acts of terrorism across the South – East region of the country.
The Wednesday proceedings resumed with the continuation of the testimony of the second Prosecution witness, an operative of Department of State Services (DSS) codenamed PWBBB.
In the video played in open court, Kanu was seen addressing his followers in what he called, “the blessed land of Biafra”, wherein he announced the formation of the Eastern Security Network (ESN), urging followers to defend their land against what he referred to as “Fulani domination.”
He warned political leaders in the region against compromises and issued a directive forbidding the presence of fulani herdsmen, saying, “No Fulani parading as herdsman shall be allowed in our land. If you are an agent of the Fulani, turn your way this evening.”
The device was admitted as evidence alongside a certificate of compliance, despite objections from the defence.
They were marked as Exhibits PWA and PW1, respectively.
The court also admitted a letter dated June 17, 2021, authored by the former Attorney General of the Federation, Abubakar Malami, SAN, which accused Kanu of terrorism, murder, and incitement to violence.
The letter, addressed to the DSS, was tendered without objection and marked as Exhibit PWF.
Reading from the document, the witness, who was led in evidence by the prosecuting counsel, Chief Adegboyega Awomolo, SAN alleged that Kanu’s broadcasts were followed by coordinated attacks on police stations and correctional facilities, resulting in loss of lives and property.
He quoted the petition as saying Kanu had instructed that security operatives be “brought down” and their weapons seized.
Securities and Exchange Commission (SEC) has alerted the public on the activities of Property World Africa Network (PWAN), which holds itself out as a real estate investment company and solicits funds from the public for investment purposes through PWAN MAX.
In a statement on Tuesday, the SEC said PWAN/PWAN MAX are not registered either to solicit investments from the public or operate in any other capacity within the Nigerian capital market.
The SEC said investigations revealed that PWAN’s operations exhibit the typical indicators of a fraudulent Ponzi scheme, including the promise of unusually high returns and failure to honour withdrawal requests from subscribers.
“Accordingly, the public is strongly advised to be wary about investing with PWAN/PWAN MAX, as any person who places such investment with these entities, does so at his/her own risk.
“The commission similarly reminds potential investors of the need to verify the registration status of investment platforms via the commission’s dedicated portal: www.sec.gov.ng/cmos before transacting with them,” the SEC said.
(The Guardian)
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