Mr Moon took his oath of office in Seoul's National Assembly building. (Getty Images)

Moon sworn in as new South Korean president

South Korea's new President Moon Jae-In was sworn in on Wednesday, just a day after a landslide election victory, beginning his term in office facing multiple challenges from the aftermath of a huge corruption scandal to tensions with the North.

"I do solemnly swear before the people that I will faithfully execute the duties of the President," Moon declared before legislators in the National Assembly building in Seoul.

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