Following their defeat in the recent by-election, ruling Democratic Party’s (DP) leaders said on Thursday that they decided to resign in mass.
Acting DP chief Rep. Kim Tae-nyeon, along with the party’s floor leader, declared their decision shortly after an emergency meeting between the lawmakers of the ruling party.
Kim said that the liberal bloc will conduct a poll to choose its new chief and floor leaders as soon as possible.
“Through the election this time, the people have given the DP a lot of tasks,” Kim said, as he vowed for careful measures for revolution.
Out of the 300 seats at the National Assembly, 174 are from the liberal party.
The defeat of the DP was determined through a by-elections on Wednesday, when millions of South Korean cast their votes for Seoul and Busan’s top officials, along with other positions in the local offices.
The said election was considered as an important indication for political change for President Moon Jae-in’s ruling party ahead of the presidential election in March.
The president and his party witnessed a dip on its approval ratings over the shooting housing prices, along other issues.
“The election was a referendum on the Moon administration’s economic policy failures, corruption scandals and the property speculation cases,” according to a political science professor at Myongji University, Kim Hyung-joon.
PPP has triumphed over the DP in Seoul, with its candidate Oh Se-hoon winning 57.5 percent of votes, ahead of DP’s bet Park Young-sun who secured 39.2 percent, based on the state election commission.
The victory was claimed by Oh in all of the city’s 25 districts, as suggested by exit polls.
Oh retook the mayoral seat in the capital city he had from 2006 to 2011.
His win secured the control of the conservatives to Seoul, which about a quarter of the country’s population reside.
The new mayor pledged through measures to reestablish the capital city and provide the basis for a government shift through the presidential polls in 2022.
“I will prove that we’re competent, different and good at work,” Oh said during a video conference of the conservative bloc on Thursday.
Meanwhile, PPP also won the elections in Busan, with its candidate Park Hyung-joon gaining 62.7 percent of votes, while his rival Kim Young-choon of DP had 34.4 percent.
According to the state election commission, Seoul got a voter turnout of 58.2 percent and Busan had 52.7 percent turnout.
For the first time, this surpassed 50 percent in a snap election for local positions.