• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
PoliticsSouth Korea

On day 3 of standoff at presidential palace, South Korea’s impeached premier resists arrest over martial law bid

By
Claire Lee
Claire Lee
and
AFP
AFP
Down Arrow Button Icon
By
Claire Lee
Claire Lee
and
AFP
AFP
Down Arrow Button Icon
January 2, 2025, 5:39 AM ET
SEOUL, SOUTH KOREA - DECEMBER 14: In this handout photo provided by the South Korean Presidential Office, South Korean President Yoon Suk-Yeol speaks to the nation at the Presidential Office on December 14, 2024 in Seoul, South Korea. The National Assembly voted Saturday to impeach President Yoon Suk Yeol over his botched imposition of martial law, suspending him from his duties until the Constitutional Court decides whether to reinstate him or remove him from office. (Photo by South Korean Presidential Office via Getty Images)
South Korean President Yoon Suk-Yeol speaks to the nation at the Presidential Office on December 14, 2024 in Seoul, South Korea.(Photo by South Korean Presidential Office via Getty Images)

Impeached South Korean President Yoon Suk Yeol remained defiantly inside his residence resisting arrest for a third day on Thursday, after vowing to “fight” authorities seeking to question him over his failed martial law bid.

The embattled leader issued the bungled declaration on December 3 that led to his impeachment and has left him facing arrest, imprisonment or, at worst, the death penalty.

Protesters camping outside his presidential residence laid on the ground to impede police on Thursday, while members of his security team have blocked earlier attempted police raids in a dramatic stand-off.

“We expect the CIO (Corruption Investigation Office) will enter through the main gate… to arrest President Yoon, so our colleagues are lying down at the moment to prevent them,” pro-Yoon protester Rhee Kang-san told AFP.

The protesters shouted “protect the president, protect, protect, protect!” as police tried to disperse those lying on the ground and control the crowd, which included a rival anti-Yoon rally.

Yoon has gone to ground but remained unrepentant as the crisis has rolled on, issuing a defiant message to his base days before an arrest warrant expires on January 6.

“The Republic of Korea is currently in danger due to internal and external forces threatening its sovereignty, and the activities of anti-state elements,” he said in a statement to protesters confirmed by his lawyer.

“I vow to fight alongside you to the very end to protect this nation,” he added, saying he was watching their protest on a YouTube live stream.

Yoon’s lawyer confirmed to AFP that the impeached leader remained inside the presidential compound.

Blocked raids

Opposition lawmakers were quick to condemn Yoon’s message as inflammatory, with Democratic Party spokesperson Jo Seoung-lae calling him “delusional” and accusing him of trying to incite clashes.

The suspended president’s legal team has filed for an injunction to block the warrant and described the arrest order on Wednesday as “an unlawful and invalid act”.

CIO chief Oh Dong-woon warned that anyone trying to block authorities from arresting Yoon could themselves face prosecution.

Along with the summons, a Seoul court issued a search warrant for his official residence and other locations, a CIO official told AFP.

The presidential security service’s official stance in response to the warrants has been to follow procedure.

They have cited two articles in South Korea’s Criminal Procedure Act that prohibit seizure from locations where official secrets are stored, without consent of the person in charge.

It remains unclear how many guards are stationed with him but they have blocked searches of his office and residence.

The Seoul court has issued a warrant permitting investigators to search the presidential residence, creating an exception to those laws.

South Korean officials have previously failed to execute similar arrest warrants for lawmakers — in 2000 and 2004 — due to party members and supporters blocking police for the seven-day period the warrants were valid.

However, discussions between prosecutors and police about Yoon’s arrest are taking place in the background of the political crisis that saw the country briefly lurch back to the dark days of military rule.

Refused questioning

Yoon’s martial law order, which he said was aimed at eliminating “anti-state elements”, only lasted a few hours.

Armed troops stormed the national assembly building, scaling fences, smashing windows and landing by helicopter, but Yoon was quickly forced to make a U-turn after lawmakers rushed to parliament to vote it down.

He has since refused summonses for questioning three times and doubled down on claims the opposition was in league with South Korea’s communist enemies.

Supporters have raced to Seoul to support him in the wake of his refusal, spewing vitriol at police and waving anti-impeachment placards.

A constitutional court will rule whether to uphold his impeachment.

The turmoil deepened late last week when his replacement, Han Duck-soo, was also impeached by parliament for failing to sign bills for investigations into his predecessor.

Finance Minister Choi Sang-mok has been installed as acting president and pledged to do all he can to end the political upheaval.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Claire Lee
See full bioRight Arrow Button Icon
By AFP
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Trump AI and crpto czar David Sacks sits next to Meta CEO Mark Zuckerberg at a dinner table in the White House as Zuckerberg turns to Sacks and says something.
AIAmerican Politics
Tech billionaires convinced Trump to back off an AI executive order. But much of MAGA favors AI regulation
By Jeremy KahnMay 22, 2026
1 minute ago
f
PoliticsCongress
‘You kind of ruined it with your trans obsession’: House points fingers as Smithsonian Women’s museum funding fails
By Lisa Mascaro and The Associated PressMay 22, 2026
6 hours ago
kirk
North AmericaSocial Media
Fired bird conservationist settles with state of Florida over Charlie Kirk dispute for $485,000
By Hannah Schoenbaum and The Associated PressMay 22, 2026
6 hours ago
pizza
PoliticsRestaurants
‘Earth-shaking event for New York pizza’ looms as flour ban hits 80% of crusts citywide
By Jake Offenhartz and The Associated PressMay 22, 2026
6 hours ago
cox
CommentarySuccession
McKinsey studied 200 family business successions. The biggest problem wasn’t the heir — it was the outgoing CEO
By Acha Leke and Chaitali MukherjeeMay 22, 2026
9 hours ago
zohran
PoliticsWorld Cup
Mamdani’s campaign for cheap World Cup tickets delivers 1,000 for city of 8 million
By The Associated PressMay 21, 2026
1 day ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
1 day ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
3 days ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
2 days ago
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
AI
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
1 day ago
Current price of oil as of May 21, 2026
Personal Finance
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.