South Korean President Park Geun-hye has offered to step down, asking parliament to come up with a plan to ensure stable regime change amid a corruption scandal that has arouse attention of the nation.  Ms Park said she would step down according to a schedule agreed by lawmakers to minimise a leadership vacuum. However, her proposal was rejected by opposition politicians as a ploy to delay her impeachment.

Park Geun-hye once said she has laid everything down, and she’ll leave everything about her future to parliament, including shortening her term. She faces mounting public calls to resign, as opposition lawmakers prepare to impeach her.

Ms Park has 15 months left of her single five-year term but, if she were to be impeached or resign, an election would be held in 60 days. The main opposition Democratic party dismissed her proposal as a political attempt to delay her departure. In the meantime, they pledged to push ahead with its impeachment motion, which could be voted on as early as Friday.

Ms Park said she hoped her offer would end political confusion and put the country back on track as soon as possible. But Shin Yul, a professor of politics at Myongji University in Seoul, predicted that the country’s political unrest would probably persist as Ms Park attempted to weather her crisis. He indicated that Park Geun-hye was trying to prolong this chaos by making things more complex, and the opposition should put the motion for her impeachment within this week.

Ms Park’s approval rating has fallen to a record low of 4 per cent as her closest aides have been indicted for alleged abuse of power. Tens of thousands of South Koreans have taken to the streets on recent weekends to demand her resignation. The protests followed allegations that her long-time friend, Choi Soon-sil, meddled in state affairs and extorted funds from top companies.
Ms Park was named by prosecutors as a criminal “conspirator” in the scheme. She is the first South Korean president to face a criminal probe. But she has not made herself available for interrogation by prosecutors, with her lawyer saying she would instead comply with a probe by a separate independent counsel.