India, July 28 -- Former South Korean President Yoon Suk Yeol was convicted of making false statements during his presidential campaign in the latest verdict after he was removed from office last year over his brief imposition of martial law.

Yoon denied the charges, and his lawyers plan to appeal, arguing that the verdict was based on a misinterpretation of the facts and election law.

If upheld by higher courts, the ruling could financially cripple the conservative People Power Party by forcing it to return around 40 billion won (USD 27 million) in election expenses reimbursed by the Government after Yoon's narrow victory over current liberal President Lee Jae Myung in 2022. Under South Korean law, the Government reimburses election ex...