SEOUL: South Korea’s finance minister Choi Sang-mok handed in his resignation on Thursday (May 1) and it was accepted, his ministry said in a statement, as the country’s parliament was voting on his impeachment.
“Choi’s resignation has been accepted,” said the finance ministry in a statement.
Choi was set to assume the acting presidency at midnight on Thursday with acting president Han Duck-soo scheduled to formally resign, in what many saw as a move to launch a presidential bid before a snap election next month.
“I apologise that I am stepping down from my post, as it has become difficult to continue fulfilling my duties amid the grave economic circumstances both at home and abroad,” Choi said in a statement released by the finance ministry.
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