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South Korean police summon activist over anti-Pyongyang propaganda leaflets

South Korean police in Monday summoned an activist who said he flew hundreds of thousands of anti-Pyongyang propaganda leaflets toward North Korea in defiance of a new law that criminalizes such activities.
The questioning of Park Sang-hak came hours after President Moon Jae-in in a nationally televised speech issued apparent criticism toward Park without naming him, saying it’s “never desirable” to dampen relations with the North by violating inter-Korean agreements and South Korean laws.
While South Korea has faced criticism over the anti-leafleting law, which some human rights advocates see as an attack on democratic freedoms and efforts to break the North’s information blockage, Moon stressed that his government has “no choice but to strictly enforce laws.”
Police had searched Park’s office last week after he announced that his group launched balloons carrying 500,000 leaflets, 5,000 one-dollar bills and 500 booklets about South Korea’s economic riches across the border during April 25-29.
If confirmed, Park’s action would be the first known violation of the law, which took effect in March and punishes anti-Pyongyang leafletting with up to three years in prison or a fine of 30 million won ($27,000).
Officials at the Seoul Metropolitan Police Agency didn’t immediately confirm any details from the questioning or whether they were pushing for Park’s arrest.
Park has said his actions were aimed at informing North Koreans on the harsh realities of Pyongyang’s authoritarian regime and claimed that other activists will continue to launch leaflets across the border even if he goes to jail.
North Korea is extremely sensitive to outside criticism about its leadership, and Park’s announcement drew vitriol from Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un who handles inter-Korean affairs. She said in a statement released through state media that the leafletting was an “intolerable provocation” and that her government would look into corresponding measures. In 2014, North Korean soldiers at the border fired toward balloons flying toward its territory, prompting South Korean troops to return fire.
Seoul’s anti-leafletting law was fiercely debated during a video conference hearing called by US lawmakers last month, where US Rep. Chris Smith of New Jersey accused Seoul of retreating from its “longstanding commitment to human rights vis-à-vis North Korea and China, ostensibly in the cause of fostering better relations or achieving nuclear nonproliferation.”
South Korean lawyer Jeon Sumi, who were among the panelists defending the law, insisted that leafletting unnecessarily provokes the North and endangers the safety of South Koreans living in border areas.
source: The Associated Press
Image source: Reuters
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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