The Seoul High Court finds that Park colluded with a friend, Choi Soon-sil, to receive tens of billions of won from major conglomerates to help Choi’s family and fund non-profit foundations owned by her.
Park Geun-hye is the daughter of South Korea's former dictator, the late president Park Chung-hee. On December 19, 2012, Park - a Conservative - narrowly won the election to make history as South Korea's first female president. Born on February 2, 1952, she was the chairwoman of the conservative Grand National Party (GNP) between 2004 and 2006 and between 2011 and 2012 (the GNP changed its name to Saenuri Party in February 2012). Park has already served as South Korea's first lady, after her mother was killed in the 1970s.