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Court Upholds Yoon's Election Law Conviction, PPP Faces Fund Loss

On November 4, 2026, the Seoul High Court upheld former President Yoon Suk Yeol's conviction for making false statements during his 2022 presidential campaign, maintaining the lower court's 18-month prison term suspended for three years. Yonhap reports the ruling, if finalized, could force the main opposition People Power Party (PPP) to return about US$30 million (39.7 billion won) in campaign expenses. The verdict was broadcast live, as the court allowed live coverage on October 30. Korean outlets, including Korea Times and KBS World, report the decision as high-stakes for the PPP, with Hankyoreh noting the potential financial burden on the party.

  1. Appeals court upholds Yoon's election law conviction, putting PPP funds at risk Korea Times · 2026-11-04
  2. Appellate Court Upholds Yoon's Election Law Conviction KBS World · 2026-11-04
  3. (URGENT) Appeals court sentences ex-President Yoon to suspended prison term for violating election law Yonhap · 2026-11-04
  4. Court Allows Live Broadcast of Yoon's Election Law Appeal Verdict KBS World · 2026-10-30
  5. Appeals court upholds conviction for Yoon that could put PPP on hook for 39.7B won in campaign expenses Hankyoreh
  6. (2nd LD) Ex-President Yoon's election law conviction upheld; PPP at risk of returning US$30 mln in campaign funds Yonhap · 2026-11-04
  7. (LEAD) Appeals court upholds ex-President Yoon's suspended prison term in election law trial Yonhap · 2026-11-04
  8. Appeals court to rule on ex-President Yoon's high-stakes election law case Korea Times · 2026-11-04

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