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The ruling Grand National Party leaders offered to resign en masse Thursday after a setback in Wednesday’s local by-elections. The party said it will form an emergency leadership panel next week.
“We are fully responsible for the defeat,” GNP chief Ahn Sang-soo said during a meeting of its supreme council.
“All the leaders will step down and the party will establish an emergency committee next week.”

He pledged a drastic reform of the conservative party to regain public trust.
In the elections, Sohn Hak-kyu, leader of the main opposition Democratic Party beat former GNP leader Kang Jae-sup in the conservative stronghold of Bundang on the outskirts of Seoul.
Choi Moon-soon of the DP won a governor seat in Gangwon Province over Ohm Ki-young of the GNP. The ruling party barely succeeded in safeguarding Gimhae, where candidate Kim Tae-ho beat Lee Bong-soo of the minority People’s Participation Party.
(Herald Online)