South Korea’s president PARK GEUN-HYE has named a new prime minister and finance minister amid a scandal that threatens to bring down her administration.
GEUN-HYE has come under attack over the actions of her old friend and mentor CHOI SOON-SIL.
On Monday, CHOI was detained by police, accused of influence peddling and interfering in state affairs.
South Korean media reports that eight banks have also been raided in connection with the scandal.
Critics say CHOI used her closeness to the president to solicit corporate money for foundations she ran, as well as embezzling state funds and directing presidential decisions, despite a lack of office, expertise or security clearance.