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why is stel holdings limited (533316) falling ✌️【Risk Management】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. The warrant expired on Monday at midnight (10 a.m. ET) but was reissued on Tuesday afternoon local time by Seoul Western District Court at the request of the Corruption Investigation Office (CIO).
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Yoon, who was stripped of his presidential powers last month after his short-lived martial law order roiled the country, is wanted for questioning in multiple investigations, including over accusations of leading an insurrection – a crime punishable by life imprisonment or even the death penalty.
why is stel holdings limited (533316) falling ✌️【Risk Management】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. The approval of the initial warrant, first issued on December 31, was the first time such action has been taken against a sitting president.
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Investigators attempted totake Yoon into custody on Fridaybut were forced to back off after an hours-long showdown at the presidential compound.
On Tuesday, the anti-corruption agency’s chief prosecutor vowed officials would make more robust efforts to detain Yoon.
“We will thoroughly prepare for the execution of warrant as if the second attempt is the last one,” Oh Dong-woon said at a parliamentary hearing on Tuesday.
Protesters both in support of and against Yoon gathered on Mondaynear the presidential compound amid heavy police presence. Yoon’s supporters have vowed to try and block further attempts to arrest him.
Barbed wire has also been erected on walls around the property and entrances have been blocked by vehicles, according to video shared by 【 - Free Smart Money Group 】 affiliate JTBC.
Yoon, a former prosecutor, has so far refused to answer summonses by investigators asking for his cooperation, according to the CIO.
Once the warrant has been enforced, it starts a 48-hour countdown for investigators to hold and question Yoon. The CIO would need to apply for another warrant within that period to detain him for longer.
Yoon’s declaration of martial law in December was met with widespread public backlash, with members of his own party turning on him to support the impeachment vote following his refusal to resign.
But the suspended president’s backers have insisted that the actions being taken against him are contrary to South Korean law and Yoon has remained defiant in the face of the investigations and an impeachment trial underway by one of the country’s highest courts.
Hundreds of supporters also gathered outside Yoon’s residence on Friday in protest of the actions, with his lawyer reiterating in a statement that day that the court order was “an illegal, invalid warrant,” and vowed to take legal action against its execution.
Yoon’s defense team also filed an injunction against the warrant with the Constitutional Court, as well as a separate objection filed to a lower court over the order.
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