Buy Tickets

South Korean Ferry Disaster (2014)

South Korean prime minister offers resignation amid corruption probe

South Korean Prime Minister Lee Wan-koo submitted his resignation Tuesday amid a growing corruption scandal.

Lee has been under pressure from the political opposition to step down as he faces bribery allegations in connection with large sums of government funds that went unaccounted for in state-directed overseas energy projects. 

The resignation cannot be finalized until it is accepted by South Korean President Park Geun-hye, who is scheduled to return next week from a trip to Latin America.

The scandal broke on April 9 when businessman Sung Wan-jong hanged himself on a hillside in Seoul, the South Korean capital. Under investigation for bribery,...