Democratic Party presidential candidate Lee Jae-myung, who was defeated in the presidential election, is leaving the party headquarters after attending the disbandment ceremony of the campaign committee held at the central party office in Yeouido, Seoul, on the afternoon of the 10th. Photo by National Assembly Press Photographers Group

Democratic Party presidential candidate Lee Jae-myung, who was defeated in the presidential election, is leaving the party headquarters after attending the disbandment ceremony of the campaign committee held at the central party office in Yeouido, Seoul, on the afternoon of the 10th. Photo by National Assembly Press Photographers Group

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[Asia Economy Intern Reporter Kim Jung-wan] Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, apologized once again to his supporters on the night of the 10th regarding the results of the 20th presidential election.


On the same day, Lee posted on his Facebook, "Today, we held the campaign committee disbandment ceremony in a sea of tears," and said, "I am sorry, sorry, and sorry again. I was lacking."


Photo by Lee Jae-myung, captured from the Facebook page of the Democratic Party presidential candidate

Photo by Lee Jae-myung, captured from the Facebook page of the Democratic Party presidential candidate

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In this election, Lee received 16,147,738 votes (47.83%), losing by 247,077 votes to Yoon Seok-youl of the People Power Party, who received 16,394,815 votes (48.56%).


At the campaign committee disbandment ceremony held at the Yeouido party headquarters in the afternoon, Lee said, "All responsibility lies with this insufficient candidate," and added, "It was Lee Jae-myung's shortcomings that caused the defeat, not the campaign committee, Democratic Party members, or supporters."


He said, "While blaming my shortcomings, please encourage and praise these people (the campaign committee and Democratic Party lawmakers). That is sincere."


The Democratic Party leadership declared their total resignation on the same day, taking responsibility for the election defeat. Song Young-gil, the Democratic Party leader, said, "I have always emphasized responsible politics," and added, "As party leader, I intend to take responsibility for the presidential election defeat and resign."



Accordingly, the Democratic Party transitioned to an emergency response committee system chaired by floor leader Yoon Ho-jung. Lee agreed to serve as the party's standing advisor.


This content was produced with the assistance of AI translation services.

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