Why is the People Power Party Apologizing for Kim Keon Hee's Actions?

Synopsis
In a surprising move, the People Power Party in South Korea has publicly apologized for the actions of former first lady Kim Keon Hee. Amid ongoing scrutiny and allegations, the party vows to enhance transparency regarding the president's spouse. What does this mean for the future of political accountability in the nation?
Key Takeaways
- PPP's apology for former first lady's past actions.
- Commitment to transparency regarding the president's spouse.
- Future scrutiny of political families and associates.
- Legal investigations into stock manipulation allegations.
- Public expectations for accountability in governance.
Seoul, May 21 (NationPress) The conservative People Power Party (PPP) of South Korea issued an apology on Wednesday regarding the previous actions of former first lady Kim Keon Hee, affirming its commitment to enhance transparency concerning the personal matters of the president's spouse.
Rep. Kim Yong-tae, serving as the PPP's interim leader, delivered this apology during a press conference held at the National Assembly, coinciding with the upcoming presidential election scheduled for June 3, less than two weeks away.
"The People Power Party sincerely apologizes to the public for not adequately understanding the concerns regarding first lady Kim Keon Hee's past actions," he stated. "We promise to engage in deep reflection and implement fundamental changes."
The party leader laid out three commitments, starting with a promise for a "transparent vetting" process of the first lady to honor the public's right to know.
"While the first lady may have made past errors, we will not conceal them simply due to their private nature," he added.
The PPP will also assign a public role and responsibilities to the first lady, ensuring clear disclosure regarding her official budget's management and holding her accountable should she misuse her authority or engage in illegal activities.
Moreover, the party plans to implement systemic reforms to guarantee that the president's family, relatives, and close associates are subject to transparent scrutiny and oversight.
Kim, the spouse of ousted South Korean President Yoon Suk Yeol, faced continuous public examination during her husband's presidency, amid allegations of illegally accepting a luxury handbag, interfering in election candidate nominations, and participating in various irregularities, as reported by Yonhap news agency.
Recent legal sources revealed that the Seoul High Prosecutors' Office has seized Kim's cellphone as part of a renewed investigation concerning her alleged involvement in stock manipulation activities.
This reinvestigation commenced last month following the Supreme Court's confirmation of the convictions of nine individuals implicated in the stock price manipulation of Deutsch Motors, a BMW dealer in South Korea, between 2009 and 2012.
Initially, prosecutors had opted not to indict Kim in this case last October.