Yoon Suk Yeol Gets 7 Years in Appeal Ruling; Lee Reviews Fuel Aid Use; Trump Pressures Iran; Coupang, Unification Minister Updates

by LEE KEONHEE Posted : April 29, 2026, 22:42Updated : April 29, 2026, 22:42
Aju Economy file photo
[Photo=Aju Economy DB]
 
Yoon sentenced to 7 years in arrest-obstruction appeal

Yoon Suk Yeol, a former president, was sentenced to seven years in prison on appeal for charges including obstructing an arrest.

The Seoul High Court’s Criminal Division 1, which handles insurrection-related cases and is led by Presiding Judge Yoon Sung-sik, handed down the seven-year term on April 29 for charges including special obstruction of official duties and abuse of authority to interfere with the exercise of rights.

The sentence fell short of the 10 years sought by the special prosecutor but was longer than the five-year term imposed at the first trial. 
 
President Lee orders review to allow fuel aid at gas stations with 3 billion won-plus sales

President Lee Jae-myung on April 29 ordered a review of allowing the high fuel price relief payment to be used at gas stations with annual sales of 3 billion won or more.

In an interview aired that afternoon on KBS Radio’s “All Politics in the World,” presidential spokesperson Lee Kyu-yeon said Lee directed officials to consider loosening the restrictions, saying that because it is relief for high fuel prices, people should be able to buy gasoline with it.

The payment has been limited to small merchants such as traditional markets and neighborhood shops, and can be used only at businesses with annual sales of 3 billion won or less. Complaints have been raised after some gas stations were excluded. 
 
Trump says Iran “still hasn’t come to its senses,” steps up pressure on talks

U.S. President Donald Trump stepped up pressure on Iran over end-of-war negotiations, saying it “still hasn’t come to its senses.”

Trump wrote on social media at about 4 a.m. April 29, Eastern time, that Iran “had better understand the situation quickly,” adding, “They don’t even know how to sign a denuclearization agreement.” 

He also posted an image titled “No More Mr. Nice Guy,” showing Trump wearing sunglasses and holding a gun as bombing appears in the background, in what was seen as an effort to raise the pressure. 
 
FTC names Coupang chair Kim Beom-seok as controlling person for first time

South Korea’s competition watchdog designated Coupang Inc. Chair Kim Beom-seok as the company’s controlling person, triggering Fair Trade Act obligations such as disclosure of related parties.

Kim, a U.S. citizen, had avoided the designation since 2021, when Coupang was classified as a large business group, because relatives were not involved in management.

However, after it became known last year that Kim’s younger brother, Kim Yu-seok, was serving as a Coupang vice president, calls grew to designate Kim as the controlling person. 
 
Unification minister Chung criticizes opposition’s dismissal motion as “excessive pro-U.S. deference”

Unification Minister Chung Dong-young pushed back against the People Power Party after it filed a motion calling for his dismissal over remarks about nuclear facilities if a structure is built, saying the party’s deference to the United States was excessive.

Speaking to reporters after attending the launch of the third 2030 Youth Advisory Group and a dialogue with young people at Odusan Observatory in Paju, Gyeonggi Province, on April 29, Chung said, “Is the People Power Party a member of the U.S. Congress?” He added that if it is South Korea’s National Assembly, it should represent the public and defend national interests.

The People Power Party filed the dismissal motion the previous day, citing Chung’s remarks last month during a National Assembly Foreign Affairs and Unification Committee session. 



* This article has been translated by AI.