Seoul Mayor Oh Welcomes Ruling Party's Break with Former President Yoon

Society|
|
By Chae Min-seok
||
Oh Se-hoon on People Power Party's 'Jeol-yoon' declaration: "Established minimum foundation to participate in the election" - Seoul Economic Daily Society News from South Korea
Oh Se-hoon on People Power Party's 'Jeol-yoon' declaration: "Established minimum foundation to participate in the election"

Seoul Mayor Oh Se-hoon, who had declined to register as a candidate for the People Power Party's June 3 local elections while calling for changes in the party's direction, welcomed the party's adoption of a resolution opposing "Yoon Again" and other related measures, stating that "meaningful change has begun."

At approximately 8:10 p.m. on the 9th, Mayor Oh posted on his social media, "I am relieved and grateful that lawmakers have moved to normalize the party's direction through today's general assembly." He added, "Meaningful change has begun with the adoption of a resolution declaring a break with Yoon in the name of all party lawmakers."

He continued, "This has laid the minimum foundation for metropolitan area candidates to now participate in the election," adding, "I will do my best to ensure this resolution is not just a declaration but is implemented step by step, so our party can become one that earns the trust and affection of the people."

On this day, the People Power Party adopted a resolution in the name of all its lawmakers, declaring a severance of ties with former President Yoon Suk-yeol. In the resolution, the party stated, "We once again apologize to the people with deep regret for the great confusion and disappointment caused by the wrongful declaration of emergency martial law on December 3," and "We clearly oppose any and all demands for former President Yoon Suk-yeol's political return."

Mayor Oh, a leading contender for the People Power Party's Seoul mayoral candidacy, had been vocal about the need to resolve the party's direction normalization issues. He had also pressed the party for a change in direction by not submitting his candidacy application until the 8th of this month.

Original reporting by Chae Min-seok for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.