Prime Minister Lee expected to resign

South Korean President Park Geun-hye is highly likely to accept the resignation of Prime Minister Lee Wan-koo amid a bribery scandal just two months after he took up the country's No 2 post, Yonhap news agency reported on Tuesday.

Lee has been at the center of a corruption scandal that flared after a businessman killed himself earlier this month, leaving a memo listing the names of eight high-profile figures he claimed to have bribed. Most of the eight men, including Lee, are considered as close associates of Park.

Businessman Sung Wan-jong told a local daily before his death he gave 30 million won ($27,400) to Lee in 2013.