Lee Myung-bak wins South Korean presidency
{{date|December 20, 2007}}
{{South Korea}}
[[Image:Seoul-Lee Myung Bak.jpg|thumb|left|250px|South Korea's new president-elect, Lee Myung-bak, seen here on June 24, 2005 at the [[w:Cheonggyecheon|Cheonggyecheon]] restoration site. {{Image source|[[User:Eloquence|Erik Möller]]}}]]
[[Lee Myung-bak]] has won the presidential election in [[South Korea]]. According to the National Election Commission, Lee of the [[w:Grand National Party|Grand National Party]] won 48.6% of the vote. [[w:Chung Dong-young|Chung Dong-young]] of the [[w:United New Democratic Party|United New Democratic Party]] came in second with 26.2%. These results are with 98% of the ballots counted.

[[w:President of South Korea|President of South Korea]] [[w:Roh Moo-hyun|Roh Moo-hyun]] was not in the election as the presidency is a single five-year term with no eligibility for re-election. Lee is scheduled to take office on February 25, 2008.

For the first time in South Korea's history, a president-elect is facing an investigation by a prosecutor. Lee, former [[w:Hyundai|Hyundai]] executive, could face charges of fraud stemming from his alleged involvement in a financial scam in 2001. Lee denies the charges, but the investigation is unlikely to conclude before the inauguration.

"I will serve the people in a very humble way. According to the people's wishes, I will save the nation's economy that faces a crisis," Lee Myung-bak said in a televised news-conference.

Chung Dong-young conceded defeat "I accept what the people decided today." He told Reuters, "I hope president-elect Lee Myung-bak will lead the country well."

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== Sister links ==
{{sisters
|South Korean presidential election, 2007
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== Sources ==
*{{source|url=http://www.reuters.com/article/worldNews/idUSSEO14896820071219
|title=Economy pledge helps Lee win South Korean presidency
|author=Jonathan Thatcher
|pub=Reuters
|date=December 19, 2007}}
*{{source|url=http://news.bbc.co.uk/2/hi/asia-pacific/7150806.stm
|title=Lee wins South Korea's election
|author=|pub=BBC News Online
|date=December 19, 2007}}

== External links ==
*[http://www.nec.go.kr/english/index.html National Election Commision] - official site

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{{archived}}
[[Category:Asia]]
[[Category:South Korea]]
[[Category:Politics and conflicts]]
[[Category:Elections]]
[[Category:Korean Peninsula]]
[[Category:Lee Myung-bak]]

[[zh:李明博成為新任南韓總統 但仍須面對法律問題]]
Cheonggyecheon restoration site. 
Lee Myung-bak has won the presidential election in South Korea. According to the National Election Commission, Lee of the Grand National Party won 48.6% of the vote. Chung Dong-young of the United New Democratic Party came in second with 26.2%. These results are with 98% of the ballots counted.

President of South Korea Roh Moo-hyun was not in the election as the presidency is a single five-year term with no eligibility for re-election. Lee is scheduled to take office on February 25, 2008.

For the first time in South Korea's history, a president-elect is facing an investigation by a prosecutor. Lee, former Hyundai executive, could face charges of fraud stemming from his alleged involvement in a financial scam in 2001. Lee denies the charges, but the investigation is unlikely to conclude before the inauguration.

"I will serve the people in a very humble way. According to the people's wishes, I will save the nation's economy that faces a crisis," Lee Myung-bak said in a televised news-conference.

Chung Dong-young conceded defeat "I accept what the people decided today." He told Reuters, "I hope president-elect Lee Myung-bak will lead the country well."
Asia South Korea Politics and conflicts Elections Korean Peninsula Lee Myung-bak