South Korean president Jun was impeached by Parliament for his bungled martial law declaration that shocked the world Yun is suspended from office while the Constitutional Court decides whether to uphold the impeachment motion within 180 days the person who will be in charge of South Korea is prime minister Hoku if the Constitutional Court decides to impeach president Yun he will be forced out of office and a presidential election must be held within 60 days Yun is the third president to go through impeachment proceedings pakun was impeached and removed from office back in 2017 although the Constitutional Court overturned the impeachment decision against nuhan in 2004 and restored him as president South Korea’s Benchmark Cosby index and the Korean one have recouped much of the initial losses since the Declaration of Martial law but Korean stocks and currency are among the world’s worst performers this year Yun says he will never give up and will do what’s best for the nation asking government officials to fulfill their duties now under the prime minister