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September 20, 2012

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SK software mogul to stand for presidency

SOUTH Korean software millionaire and philanthropist Ahn Cheol-soo finally announced he would run for the presidency, ending a year-long wait and throwing wide open a race that had looked to be a coronation for the conservatives' Park Geun-hye.

Vowing to tighten up on big business, which he has accused of treating employees like caged animals in a zoo, the youthful-looking 50-year old said yesterday he would create jobs for young people and share wealth and opportunities in the world's 13th largest economy.

Ahn has donated over US$200 million of his wealth to charity and is seen as the only candidate capable of derailing Park's goal of becoming South Korea's first female president, and the two are neck-and-neck ahead of the December 19 polls.

"The people have expressed their hope for political reform through me. I want to become the person who puts that hope into practice," Ahn told a cheering crowd in a hall in Seoul.

Standing in front of a giant banner reading: "A new change chosen by the people is about to start," Ahn said he would push for political reform to open economic opportunities in South Korea, an Asian industrial powerhouse.

"The economic democracy and welfare policy that are being discussed currently must lead to economic innovation by combining growth momentum of our economy."




 

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