> A presidency on the brink. Millions of South Koreans furious with Park Geun-hye, who's lawyering up ahead of a grilling from prosecutors. She's suspected of pressuring bosses at major companies, including Lotte and Samsung to raise funds for foundations run by her close friend and confidante, Choi Soon-sil.
The scandal has sparked a political fire storm crushing Park's approval rating to just 5%. Reuters' Ju-min Park says, the writing is a essentially on the wall.>> The political parties, even some people within her own ruling party, are talking about impeachment proceedings. Unless she steps down on her own, there are not many options left for her.
Either facing impeachment or appointing a new prime minister approved by her opponents.>> Nearly a million people turned up for anti-Park protests in Central Seoul last weekend. Protests that still haven't fully died down. Park was elected on the legacy of her father, strongman Park Chung-hee. For South Koreans who once saw her as incorruptible, there's a sense of betrayal.
>> One of her weaknesses was lack of communication. Her private life is shrouded in secrecy. Korean people don't know exactly what she's doing in her free time. Once all these allegations were revealed, it made Koreans turn their back on the president, thinking she wasn't working hard for the country, but only for herself or her friend who has no government job, for their own interest.
People were stunned first and then becoming angry, blaming the President for letting all these happen under her radar.>> Just a few weeks ago, political parties were pushing for Park to set up a coalition government. But with public opinion in a tailspin, they're now under pressure to consider her political exile.