A court in South Korea handed down an 18-month prison sentence to former President Yoon Suk Yeol on Monday, though the term was suspended for three years after he was found guilty of making false statements during his 2022 run for the presidency, a violation of the country’s election laws.
The ruling carries significant financial consequences beyond the courtroom. Should the verdict hold up through the appeals process, Yoon’s People Power Party could be required to pay back 39.7 billion won — roughly $27.1 million — in campaign expense reimbursements that had been provided by the National Election Commission following his presidential victory.
