Cho Kuk, the candidate of the minor Rebuilding Korea Party, speaks to reporters at his campaign office in Pyeongtaek, Gyeonggi, on June 4, conceding defeat in a parliamentary by-election held the previous day as part of the local elections. [YONHAP]
Cho Kuk, leader of the minor Rebuilding Korea Party, said Thursday he would step down as party leader after suffering defeat in a parliamentary by-election held alongside the June 3 local elections.
"I failed to open a new path of hope for our party members who devoted themselves in the name of the Rebuilding Korea Party for this election," he said in a Facebook post, adding that he takes full responsibility for the outcome.
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In the parliamentary by-elections in the closely watched race of the Pyeongtaek-B constituency in Gyeonggi, Cho came in third behind Yu Eui-dong of the main opposition People Power Party and Kim Yong-nam of the ruling Democratic Party.
