Art News. Vasari Codex

article policy schedule Jun 10, 2025 visibility 11 link 2 artists

south korea president orders major arts investment

South Korea President Yoon Suk-yeol has announced a $3.7 billion fund to support film, TV, art, and cultural projects, along with plans to transform the historic presidential residence Cheong Wa Dae (Blue House) into a cultural complex modeled after France's Palace of Versailles. The initiative aims to boost the country's cultural sector ahead of major art events including Frieze Seoul, Kiaf fairs, and the Busan Biennale. President Yoon also directed that state-owned art collections, including 23,000 works from the late Samsung Group chair Lee Kun-hee, be made accessible through nationwide tours, and that government art purchases prioritize works by disabled and emerging artists.

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gavel restitution schedule Feb 9, 2026 visibility 13 link 3 artists

political bribery investigation south korea lee ufan

A South Korean court acquitted former chief prosecutor Kim Sang-min of violating anti-graft laws by allegedly purchasing a painting attributed to artist Lee Ufan and gifting it to Kim Keon-hee, the wife of former President Yoon Suk-yeol, in exchange for political favors. The court found the prosecution's evidence insufficient to prove the painting was purchased or delivered as a bribe, citing a lack of documentation and the questionable credibility of a key witness.

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article news schedule Sep 12, 2025 visibility 15 link 3 artists

lee ufan painting bribery investigation south korea

South Korea's impeached former president Yoon Suk-yeol's wife, Kim Keon-hee, was arrested in August on charges including bribery. A special prosecutor revealed that a painting by renowned artist Lee Ufan is central to the inquiry. Prosecutors allege that former prosecutor Kim Sang-min purchased Lee's work *From Point No. 800298* in 2023 for about $75,000 on behalf of Kim Keon-hee's brother, Kim Jin-woo, and that the painting was given to the former first lady's circle. The transaction is being investigated for possible links to political favors, including Kim Sang-min's bid for a ruling-party nomination and his later appointment as a legal adviser to the National Intelligence Service.

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person people schedule Jul 24, 2025 visibility 16

National Museum of Korea names new director as part of post-election reshuffle

You Hong-jun, a Myongji University art historian and author, has been appointed director of the National Museum of Korea and its 13 provincial affiliates. This appointment is part of a broader reshuffle following South Korea's snap presidential election in June, which brought Lee Jae-myung's Democratic Party to power. Other key appointments include Youn Bummo as president of the Gwangju Biennale Foundation, and Amal Khalaf and Evelyn Simons as co-curators of the 2026 Busan Biennale, marking the first female duo to curate that event.

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