The police has begun questioning Seungri on suspicions of embezzlement.

On April 10, the Seoul Metropolitan Police Agency’s Intellectual Crime Investigation Team revealed that they have been questioning Seungri since 10 a.m. KST regarding suspicions of embezzlement.

A source from the police stated, “Since this is the first time questioning [Seungri] on suspicions of embezzlement, we expect the investigation to continue until the evening.”

Seungri and former Yuri Holdings CEO Yoo In Suk were first booked for embezzling funds from the club Monkey Museum on April 1. The police are investigating the two based on the finding of suspicious cash flow, where a portion of Burning Sun capital has been traced back to Monkey Museum.

Furthermore, the police found an instance where a portion of Burning Sun’s capital was traced back to bank accounts under different names, which was later rerouted to personal bank accounts of Seungri. The police suspect that the amount Seungri had supposedly embezzled totals up to 2 billion won (approximately $1,717,730).

In addition, Seungri and Yoo In Suk are also accused of using Yuri Holdings funds to pay for legal fees of a former DJ at Monkey Museum who was being investigated for suspicions of sexual assault.

Seungri has been questioned by the police 16 times so far on suspicions including prostitution mediation, embezzlement, sharing of illegal footage, and tax evasion.

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The investigations on Seungri and Yoo In Suk are coming to a close.

Won Kyung Hwan, Commissioner of the Seoul Metropolitan Police Agency, shared through a press conference on April 29, “The Burning Sun investigations have been going on for three months, and the investigations are coming to a close one by one.”

He continued by revealing that the police plan on concluding the investigations on Seungri and Yoo In Suk within this week.

On whether pretrial detention warrants will be issued for the two, Won Kyung Hwan stated, “Pretrial detention warrants are issued depending on overall judgments based on factors including severity of the issues, potential for fleeing, and destruction of evidence.” If the police submit a request, the court will decide whether or not the warrant will be issued.

Regarding Seungri using YG Entertainment’s company card in 2015 to pay for the hotel of a Japanese investor for whom prostitutes were called for, an accountant of YG Entertainment testified that Seungri used the card but was charged for the expenses. The police are reviewing the financial documents submitted by YG Entertainment to confirm this testimony.

About suspicions of Seungri mediating prostitution at his birthday party in Palawan in 2017, the police commented, “Various [factors] have to be reviewed for the Palawan case. The facts have all been sorted out.”

Seungri has been questioned by the police 15 times so far on suspicions including prostitution mediation, embezzlement, sharing of illegal footage, and tax evasion.

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