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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition S.Korean court rules anti-rumour law unconstitutional AFP - Wednesday, December 29 Send IM Story Print S.Korean court rules anti-rumour law unconstitutional SEOUL (AFP) - – South Korea's Constitutional Court ruled Tuesday that a clause in a telecommunications law that was used to crack down on Internet rumourmongers is unconstitutional. It calls for up to five years in prison and up to 50 million won (44,000 dollars) in fines for those convicted of engaging in false communications with a view to damaging the public interest. "The concept of public interest here is too vague, failing to inform the people of exactly where the line is drawn," the court said in a statement. The case was brought to the constitutional court by two bloggers, including one accused of causing the country huge financial losses by spreading misleading information on the economy in 2008. Park Dae-Sung -- better known by his Internet alias "Minerva" -- was arrested in January 2009. He was accused of undermining the economy by spreading online rumours that the government had ordered local banks not to buy dollars in a bid to stabilise the won. Prosecutors claimed the posting led to dollar hoarding, forcing the government hurriedly to inject two billion dollars to stabilise the currency market. They sought an 18-month prison term. A criminal court which heard his case said it was hard to conclude that Park was aware the information was misleading when he wrote the postings, and acquitted him. Park wrote more than 200 economic commentaries in the months before his arrest and gained a major following after correctly predicting the collapse of US investment bank Lehman Brothers in September 2008. His arrest set off a debate over freedom of speech in cyberspace in South Korea, one of the world's most wired nations. Internet rumours fuelled street mass protests in 2008 against the lifting of a ban on US beef imports. The demonstrations later took on an anti-government flavour. The other blogger had been jailed for 10 months for spreading false Internet rumours that police raped a demonstrator during the beef protests. Recommend Send IM Story Print Related Articles US-TECH Summary Reuters - 21 minutes ago Apple sued over apps privacy issues; Google may be next Reuters - 2 hours 12 minutes ago China delays NSN's $1.2 billion buy of Motorola unit Reuters - Wednesday, December 29 S.Korean court rules anti-rumour law unconstitutional AFP - Wednesday, December 29 Artificial intelligence to transform web: Russian tycoon AFP - Wednesday, December 29 News Search Top Stories PepsiCo's Russia deal wins Putin's blessing Areva carries out capital increase Elton John and partner become parents: report European stocks struggle for direction, euro firms French growth revised down, public debt shrinks More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Playboy's Hefner proposes to 24-year-old Playmate Tail end of US blizzard sows travel chaos Israel to close door on African influx Iraq oil production tops 2.6m barrels a day Elton John and partner become parents: report More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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