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The court granted prosecutors' request to hold Park, who was removed from office earlier this month. A Seoul court issued the warrant early Friday local time, hours after she appeared for questioning.
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If approved, the warrant would arrest Park in connection with the corruption scandal that's gripped the nation for months. But prosecutors argue that the evidence could be destroyed in the meantime.
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Park Geun-hye returned to her home in Seoul's Gangnam District two days after her impeachment. As a private citizen, she could face criminal corruption charges.
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Two people are dead in demonstrations following a historic ruling in South Korea to oust President Park Geun-hye.
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President Park Geun-hye's approval rating has plummeted to 10 percent as investigators dig deeper into her ties with a woman whose family claimed to channel voices from the leader's dead mother.