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South Korean ousted leader Park Geun-hye outside court in Seoul in August 2017. Photo: Kim Hong-Ji/AFP via Getty Images

The South Korean government will pardon imprisoned former President Park Geun-hye, who was convicted of corruption in 2018, per Bloomberg.

Why it matters: Park, 69, was the first South Korean leader to be impeached and removed from office.

  • President Moon Jae-in's Justice Ministry said in a statement on Friday morning local time that Park would be released from prison on Dec. 31 to achieve "reconciliation and consolidate national power to help overcome the national crisis caused by the COVID-19 pandemic," the New York Times reports.

The big picture: The daughter of former military dictator Park Chung-hee originally received a 24-year prison sentence for bribery, coercion and abuse of power, but South Korea's Supreme Court cut the term to 20 years last January, the NYT notes.

Go deeper

Updated Jan 13, 2022 - World

U.S. presses UN to hit North Korea with more sanctions over missile tests

A broadcast reports on North Korea's Kim Jong-un at the Seoul Railway Station in South Korea. Photo: Chung Sung-Jun/Getty Images

The Biden administration on Wednesday imposed sanctions on North Korean and Russian individuals and entities for supporting North Korea's ballistic missile program.

Driving the news: The announcement follows North Korea's two missile tests in the past week and leader Kim Jong-un's threat to bolster the country's nuclear weapons program.

First look: Senators propose bill to ban corporate PACs

Sens. Jon Ossoff and Mark Kelly. Photos: Chip Somodevilla (left), Courtney Pedroza/Getty Images

Sens. Mark Kelly (D-Ariz.) and Jon Ossoff (D-Ga.) will soon propose a bill prohibiting for-profit corporations from establishing and managing political action committees, according to a copy of the legislation obtained by Axios.

Why it matters: The introduction of "The Ban Corporate PACs Act" comes amid heightened scrutiny on Capitol Hill regarding money in politics, including efforts to bar companies from influencing political campaigns and federal elections. It would likely face a court challenge and First Amendment concerns.

Exclusive: YouTube shuts down two Oath Keepers channels

Stewart Rhodes, founder of Oath Keepers. (Photo: Aaron C. Davis/The Washington Post via Getty Images)

YouTube has deactivated two channels linked to the Oath Keepers militia group whose members have been charged in relation to the January 6 Capitol riot, the company told Axios.

The big picture: Social media platforms that were used to plan or promote the Capitol attack have moved with varying degrees of speed to bar the accounts involved.

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