SEOUL (Reuters) -South Korea's National Assembly passed a law overhauling government organisations including the finance ministry and prosecutors' office, live footage from the parliament showed on Friday.
The law aims to dismantle the nation's prosecution service and strip the finance ministry of its power to prepare budgets, setting up new bodies to handle such tasks.
The major overhaul is part of the efforts of President Lee Jae Myung, who said during his election campaign that some public agencies had too much power.
(Reporting by Heejin Kim; Editing by Toby Chopra)
