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South Korea seeks to arrest opposition leader in graft probe

Prosecutors allege bribery, need parliament to waive Lee Jae-myung's immunity

SEOUL (Reuters) -- South Korean prosecutors on Thursday requested an arrest warrant for the head of the main opposition Democratic Party, Lee Jae-myung, in an investigation into development projects and bribery allegations.

Lee, a former Democratic presidential candidate, is accused of being in breach of his duty over losses of 489.5 billion won ($382 million) run up by Seongnam Development Corp. during his time as mayor of Seongnam city, prosecutors said.

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