South Korea has flatly denied some Japanese news reports that Seoul agreed to relocate a statue of a girl symbolizing victims of the former Korean "comfort women" in exchange for the one billion-yen compensation recently pledged by Tokyo for the women.

Japanese news reports on Wednesday claimed the landmark Seoul-Tokyo deal reached on Monday to resolve the long-standing impasse over the issue of Korean women forced to serve in military brothels run by the Japanese Imperialist Army during World War Two includes an agreement to relocate the statue.

The statue of a girl, which sits across from the Japanese Embassy in Seoul, has been a source of severe disputes between the neighboring states as they have sought to settle the issues related to the wartime atrocity by Japan.

Seoul's Foreign Ministry, in a statement released on Wednesday, refuted the Japanese news reports as groundless and a whopping fudge.

Meanwhile, the main opposition Minjoo Party of Korea has demanded that the government nullify the South Korea-Japan deal and that President Park Geun-Hye sack her foreign minister.

The party's leader Rep. Moon Jae-In has branded the agreement as Seoul's "humiliation diplomacy" and "diplomatic disaster."

Many of the former South Korean "comfort women" have criticized the agreement, demanding the Tokyo government's public apology and implementation of legal responsibility for the past atrocity.

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