Park supporters launch new Saenuri Party SEOUL , April 5 ( Yonhap ) -- Die - hard supporters of former President Park Geun - hye created their own political party on Wednesday , pledging to revive what they call a bona fide conservative movement that would vindicate the ex - leader jailed in a corruption scandal . The preparatory committee for the establishment of the Saenuri Party held an inaugural ceremony at Jangchung Gymnasium in Seoul and appointed two representatives of a civic group supporting Park as the co - chiefs . Saenuri is an old name for the former ruling Liberty Korea Party , which is now struggling to recover from the repercussions of the unprecedented corruption scandal involving Park . " The Liberty Korea Party and the Saenuri Party will compete for a free democracy as they are from the same roots , " Rep . Kim Jin - tae of the former ruling party said in a congratulatory message . The new Saenuri Party does not have a representative in parliament . Park ' s loyalists have been staging outdoor rallies against the Constitutional Court ' s decision to uphold her impeachment on March 10 . The former president is now under prosecution probe at a detention center south of Seoul , after a local court issued a warrant to arrest her over the corruption allegations . Supporters of former President Park Geun - hye wave national flags at an inaugural ceremony of a political party in Seoul on April 5 , 2017 . Park ' s loyalists formed the new Saenuri Party with two representatives of a civic group supporting the former president as the co - chiefs . The Saenuri Party is an old name for the former ruling Liberty Korea Party , which is now struggling to recover from the repercussions of the unprecedented corruption scandal involving Park . ( Yonhap ) scaaet @ yna . co . kr ( END )