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Tweet of the Day: DMZ Tank Traps

Picture of the Day: Kia’s New Logo

Kia Motors' new logo
Kia Motors’ new logo
The new logo of Kia Motors Corp., an affiliate of Hyundai Motor Group, is installed on the outer wall of the carmaker’s headquarters in Seoul on Jan. 14, 2021. (Yonhap)

Malaysian Woman Steals 14.5 Billion Won From Jeju Casino

There had to be more than just the Malaysian employee involved with this heist of money from this casino on Jeju Island. What did she do wheel out 300 kilogram of money on a dolly through the casino?:

A stash of W8.1 billion has been found in a secret safe at the Landing Casino in the Shinhwa World Marriott Resort on Jeju Island, where billions have gone missing (US$1=W1,097).

Police said Wednesday that the new stash was found in a safe in a secret vault in the casino from where another W14.5 billion in cash had vanished without a trace. 

The secret vault is not the casino’s ordinary safe where chips and gambling money are stored, but a 50 sq.m space containing dozens of safes of different sizes. 

Police discovered the new stash of money while raiding the secret vault after the casino filed a report accusing a female Malaysian executive of making off with the W14.5 billion in crisp W50,000 notes that would have weighed nearly 300 kg.

The 55-year-old woman disappeared last December and is suspected of absconding with the money on behalf of her boss, the troubled Hong Kong-based chairman of Landing International, Yang Zhihui.

Chosun Ilbo

You can read more at the link. but this money could still be stashed around Jeju with some of it already being found by police.

Prime Minister Modifies Position on Pardons for Former Presidents

Prime Minister Lee Nak-yon is backing down from his idea to pardon former Presidents Park and Lee because of the Korean left is unhappy with the idea:

However, Rep. Lee’s comments, which weren’t consulted on with party colleagues beforehand, have prompted ricocheting reactions throughout politics, stoking fierce objection from the DP’s base supporters, as well as suspicious reactions from opposition parties, raising questions of motive and rationale in light of the DP chief’s falling approval ratings. 

Amid the political fallout from the pardon suggestion spiraling out of hand, the DP leadership came up with what many see as a dubious cop out position on the matter — stating that Lee’s remarks came from his “heart” free from political rationale and that the showing of sincere remorse by the ex-presidents is a prerequisite in potential pardons.

Yonhap

You can read more at the link, but I doubt either ex-President is about to admit guilt to get a pardon. According to the article the ruling party is apparently throwing out this pardon suggestion as a trial balloon to judge public sentiment. If it is something popular with the public then President Moon Jae-in may move forward with the idea.

North Korea Demands Extradition and Execution of Former South Korean President

Not only does former President Park got to deal with being imprisoned now the North Koreans are demanding her extradition to execute her:

North Korea has vowed to execute South Korea’s former president and her spy director, accusing them of planning to assassinate its supreme leadership.

The official Korean Central News Agency said Wednesday that North Korea will impose a “death penalty” on ousted South Korean President Park Geun-hye and former spy chief Lee Byoung Ho, and they could receive a “miserable dog’s death any time, at any place and by whatever methods from this moment.”

North Korea also demanded that South Korea hand over Park and Lee. Park was removed from office and arrested in March over a corruption scandal.

Stars & Stripes

You can read more at the link.

Picture of the Day: Huge Snowman

Giant snowmen
Giant snowmenPeople look at a snowman set up at a national park in Jeongeup, North Jeolla Province, on Jan. 14, 2021, to console people amid the pandemic, in this photo provided by the city. (Yonhap)

Supreme Court Upholds Prison Sentence for Former President Park Geun-hye

Its official President Park will not get out of prison until 2039, though I doubt she will stay imprisoned that long. I bet she will receive a pardon well before then:

Former President Park Geun-hye’s supporters protest outside the Supreme Court in Seoul on Jan. 14, 2021, calling for Park’s release. (Yonhap)

The Supreme Court on Thursday upheld a 20-year sentence for former President Park Geun-hye in a high-profile corruption case, closing the yearslong saga that gripped the country and ultimately removed her from office in 2017.

In the sentencing hearing over an appeal filed by prosecutors against a ruling in July that reduced Park’s prison term, the country’s highest court maintained the ruling, including a fine of 18 billion won (US$15 million) and the decision to clear Park of extortion and part of abuse of power charges.

Park will have to serve 22 years in prison, which includes a two-year prison term for her 2018 conviction for illegal meddling in a nomination process of the then-ruling Saenuri Party. Given the time that she already served, she will get released in 2039.

Yonhap

You can read more at the link.

Despite Korean Boycott Threats, Uniqlo Sees Record Profits

So much for the boycott of Uniqlo that South Korean activists were advocating for:

Fast Retailing Co.’s lineup of functional and casual attire continued to lure value-conscious shoppers whose preferences are changing in the midst of the COVID-19 pandemic, helping to push the Uniqlo operator’s first-quarter earnings close to an all-time high.

Operating profit rose 23% to ¥113.1 billion ($1.1 billion) in the three months ended Nov. 30, according to a company statement Thursday. That beat analysts’ average estimate of ¥101.5 billion, and comes just below Fast Retailing’s record quarterly results of ¥113.9 billion two years earlier. Sales for the quarter, however, fell 0.6% to ¥619.8 billion.

Japan Times

You can read more at the link.

Tweet of the Day: Ambassador Harris Leaving Korea

https://twitter.com/USAmbROK/status/1349206582190510082

Picture of the Day: Frozen Fishing Fleet

Cold spell
Cold spellFishing boats are stuck in the frozen waters off Yedan Pier in Incheon, west of Seoul, on Jan. 11, 2021, amid a cold spell. (Yonhap)