Rep. Yang Moon-seok loses Assembly seat in top court ruling, mulls appeal

Rep. Yang Moon-seok of the ruling Democratic Party of Korea was stripped of his assembly seat with the Supreme Court on Thursday, upholding his fraud conviction. Yang, who represented the Ansan A electoral district in southern Gyeonggi Province, said he would consider appealing the top court's decision to hand down a suspended 1 1/2 years of sentence. He was convicted of defrauding the Korean Federation of Community Credit Cooperatives to take out 1.1 billion won ($743,100) of corporate loan and

By The Korea Herald