The South is on the verge of reverting to a US-style rulebook, as its leader vows to end what he calls the “bloodbath” of corruption and the “injustice” of former President Park Geun-hye.
The election was won by Park’s ruling Saenuri Party with a narrow margin of about 20.4 million votes, but Park’s government has long struggled to overcome the political and economic difficulties caused by the economic downturn and her inability to keep the economy growing.
“My administration is moving forward with an economic strategy that will improve our country and its people,” Park said.
“We will continue to work with the international community and with our allies to fight corruption and build trust.”
She said she wanted to “stop the bloodbath” in the country, where she is facing a criminal investigation into alleged abuse of power by her former confidante, Choi Soon-sil.
The allegations include the misuse of public funds, misuse of state resources and alleged bribery of public officials.
President Park’s critics have said her handling of the scandal has left the country a stain on the reputation of democracy.
They have called for Park to be stripped of her powers, and they have called on Park to step down.
In his speech on Friday, Park vowed to tackle graft and to make “a strong push” to improve South Korea’s democracy.
“Our democracy is fragile,” she said.
“We must take up the fight against graft and injustice and restore the dignity of South Korea to the international stage.”
Park said she would appoint a special prosecutor to investigate the scandal, and that the investigation would be conducted by a special commission set up by the presidential administration.
“I will not hesitate to act to bring the perpetrators to justice, but I will not allow them to gain political advantage by using the scandal as a pretext to justify their political gains,” Park added.
“The public will be able to see that the justice of our people is our highest priority.”
Park has long been accused of trying to keep her party in power by appointing a raft of key allies and loyalists who had long held senior government posts, and she is seen as having been more interested in maintaining her position than in taking on corruption.
However, she has now said she wants to be seen as a leader who is willing to tackle corruption, and has vowed to take on corruption herself.
Critics have accused her of trying and failing to hold onto power for political reasons, and her administration has faced criticism over the last few months over alleged mismanagement of the economy, and a perceived lack of commitment to tackling corruption.
Park has come under fire for her handling the scandal and her decision to name a special investigator into it.
Park was criticised for the decision on Friday when she said she had not yet decided whether she would hand over her power.
“There is still time for me to decide whether I want to step aside or whether I would continue as president, but this is an important time for my country,” Park told a news conference.
“I think that I must make this decision.”
Park also said she planned to appoint a new government minister and will nominate two new judges.
The presidential office said it was monitoring the situation closely and would make its own decisions.
The ruling Saemong Party has ruled South Korea for almost half a century.
Its party members are overwhelmingly women, and its members are mostly young and middle class.
But South Korea is one of the few Asian nations where democracy is still fragile and its electoral system, which is largely controlled by the military, has been accused by some critics of being overly complex and lacking due process.
South Korea’s ruling party has ruled the country for almost four decades.(AP: Hyeon-Jeong/Reuters)Park’s ruling coalition was formed in 2015 after her impeachment trial, but the Saenur Party is still the biggest party in the coalition.
The Saenurs are the largest party in a coalition that includes the liberal Democratic Party and the liberal United Front, a pro-Park faction of the opposition People’s Party.
In the wake of Park’s impeachment, the Democratic Party has said it will launch an investigation into the allegations.
“It is a sad day for South Korea when a president of the country is under criminal investigation, and I am asking the South Korean people to hold her accountable,” Park’s opposition Democratic Party of Korea said in a statement on Friday.
Park has said she is not guilty of any wrongdoing.
Despite the accusations, Park has said her impeachment was necessary for the sake of South Korean democracy.
She said the country has “drastically changed”, and it was time for the country to change the course of its history.
“If the country does not change, the country will be destroyed.
This is my last and final speech,” Park wrote in her resignation letter.
“In the future, I would like to be called the first president to