Choi Jae-hyung, Chairman of the Board of Audit and Inspection, to Resign Next Week... "Seems Decided to Challenge for Presidency"

[Asia Economy Reporter Naju-seok] It has been reported that Choi Jae-hyung, Chairman of the Board of Audit and Inspection, is likely to tender his resignation as early as the beginning of next week.

[Image source=Yonhap News]

A close aide to Chairman Choi said in a phone call with this paper on the 25th, "Over the weekend, Chairman Choi visited his father and said he would make sure not to worry him," adding, "I judge that he will make a statement regarding his position next week."

However, Choi Young-seop, a retired Navy Colonel and Chairman Choi's father, is known to oppose his son's political activities.

Chairman Choi, who has been agonizing over whether to run for president, visiting his father to explain the situation can be interpreted as having made some degree of decision.

However, the resignation or declaration of political entry has not been directly announced by Chairman Choi, but reflects the situation assessment of his close aides.

If there is an actual resignation announcement, the timing is expected to be around the 28th or 30th. The 29th is the day when former Prosecutor General Yoon Seok-youl is scheduled to announce his intention to run for president.