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southern magnesium and chemicals limited (513498) ✌️【Investment Tools】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. South Korean President Yoon Suk Yeol’s fate remains in the balance after the suspended leader failed to appear at the first day of his impeachment trial Tuesday following weeks of evading arrest, delaying what is set to be a dramatic political showdown.

Yoon has been holed up in his fortified residence, surrounded by his Presidential Security Service (PSS) team, after his short-liveddeclaration of martial lawin December triggered widespread public outrage and protests, plunging the country into its biggest political crisis in decades.

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Yoon had previously indicated through his lawyer that he would not attend Tuesday’s hearing due to safety concerns relating to efforts to detain him for questioning, according to South Korea’s Yonhap News Agency.

Yoon is wanted for questioning in multiple investigations, including allegations he led an insurrection – a crime punishable by life imprisonment or even the death penalty.

Yoon maintains he acted legitimately in declaring martial law and considers the warrant “illegal and invalid.” He has told his supporters he will “fight until the end.”

For weeks, the suspended leader has barricaded himself in his heavily-fortified hillside compound in the capital Seoul, while outside the gates hundreds of hisdie-hard conservative supportershave vowed to protect him.

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Corruption investigators are determined to execute the arrest warrant against Yoon – the first time such action has been taken against a sitting president.

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In an apparent effort to thwart a second expected attempt to detain Yoon, barbed wire has been erected on walls around the compound and entrances have been blocked by vehicles, according to video shared last week by 【 - Free Stock Market Beginners Guide 】 affiliate JTBC.

Yoon has also filed legal complaints against those who tried to arrest him including the head of the state anti-corruption agency.

Yoon swiftly rescinded his late-night martial law declaration on December 3, after lawmakers pushed past security forces blocking their way into parliament and voted down the decree.

southern magnesium and chemicals limited (513498) ✌️【Investment Tools】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. The National Assembly then voted to impeach Yoon after several members of his own ruling party turned on him. Parliament also voted to impeach the country’s prime minister and acting president Han Duck-soo. The finance minister, Choi Sang-mok, is now acting president.

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Complicating the deliberations is that the nine-member court currently only has eight justices, due to a delay in filling vacancies left by retired justices.

southern magnesium and chemicals limited (513498) ✌️【Investment Tools】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. Acting President Choi recently filled two out of three vacancies on the court appointed by the parliament, and the remaining position will be reviewed by the court later this month.

Under South Korea’s constitution, at least six justices must approve an impeachment for it to be upheld.

If the Constitutional Court upholds Yoon’s impeachment, he would become the shortest-serving president in South Korea’s democratic history. The country must then hold new presidential elections within 60 days.

southern magnesium and chemicals limited (513498) ✌️【Investment Tools】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates. While Yoon has been suspended from exercising his powers, he has not been officially removed from office. That means he still has presidential immunity from most criminal charges – except for insurrection or treason.

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Yoon has refused to answer three summonses in recent weeks asking for his cooperation, according to the Corruption Investigation Office for High-ranking Officials (CIO.)

southern magnesium and chemicals limited (513498) ✌️【Investment Tools】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. Much of the spotlight has fallen on the presidential security team, the PSS, which has been accused of acting like Yoon’s personal bodyguards. Previously, theCIO said“it is virtually impossible to execute a warrant” at Yoon’s residence while security there remains in place.

However, corruption investigators appear to be pushing ahead with their second attempt to arrest the suspended president.

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southern magnesium and chemicals limited (513498) ✌️【Investment Tools】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. The CIO on Sunday asked the country’s defense ministry to ensure soldiers dispatched to the security team protecting Yoon do not disrupt efforts to arrest him.

It also said the security team should avoid an “illegal act” such as mobilizing security personnel for jobs outside of their duties, and warned that disruption could result in criminal punishment.

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Yoon’s lawyers argue the warrant should be executed by the CIO, not the police. South Korean law, however, states that police are authorized to assist other authorities in carrying out public duties.

On Friday, the head of Yoon’s PSS, Park Chong-jun, resigned before undergoing police questioning over his role in blocking Yoon’s arrest, according to the security team.

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 formally arrest him.

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