SEOUL (Reuters) - South Korea's Culture Ministry said on Monday it had cancelled licences for two non-profit foundations at the centre of a political scandal that led to the ouster of President Park Geun-hye.
Park was thrown out of office on March 10 when the Constitutional Court upheld a parliamentary vote to impeach her over accusations of colluding with a friend, Choi Soon-sil, to pressure big businesses to donate to the two foundations, Mir and K-Sports, set up to back the president’s policy initiatives.
