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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.
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