Seungri Expresses Desire To Cooperate With All Police Investigations After Sexual Escort Service Allegations

Seungri Expresses Desire To Cooperate With All Police Investigations After Sexual Escort Service Allegations

Seungri Expresses Desire To Cooperate With All Police Investigations After Sexual Escort Service Allegations

Feb 27, 2019

BIGBANG’s Seungri, following allegations yesterday that he offered escort services of a sexual nature to business investors, released a statement through YG Entertainment expressing his desire to cooperate with authorities in order to quickly resolve the matter.

Here is the full statement from YG Entertainment:

We are relaying Seungri’s statement that he sent us yesterday evening.

For the last month, regarding the unsettling issues and news that have been brought forth about him, Seungri has continuously expressed his apologies to everyone. Though it’s small, Seungri has revealed that he wishes to, as soon as possible, submit to drug tests as well as actively cooperate with investigations on all the allegations surrounding him.

YG Entertainment is of the same stance as Seungri, and our legal team will be contacting investigative authorities this morning to relay Seungri’s wishes to go into the station soon to cooperate with investigations.

We hope that through thorough investigations by the police, the truth of the indiscriminate rumors will be revealed, and if there is even the slightest issue, Seungri will have to accept the legal consequences.

Conversely, if the rumors are proved false, we will, in addition to requesting a police investigation, be preparing all routes of legal action.

Previously, on February 26, SBS funE released an exclusive report containing text messages allegedly exchanged between Seungri, an employee, and CEO Yoo of Yuri Holdings, an investment company Seungri was preparing to establish. The content of the text messages revealed in the report suggested an offering of a sexual escort service.

YG promptly responded to the report, saying that they spoke with Seungri, and he said the messages were fabricated. Yuri Holdings also released a statement saying that the messages must have been fabricated by someone with malicious intent.

Meanwhile, journalist Kang Kyung Yoon of SBS funE, who published the initial exclusive, insisted in a statement that there was no fabrication, and that she would cooperate in any investigations regarding the matter.

All this comes on the heels of a controversy surrounding the club Burning Sun, which became embroiled in allegations of sexual assault, drug dealing, and hidden cameras following an assault incident brought forth by a club patron. Seungri was caught up in the controversy for his association with the club, although both he and the club CEO stated that he was never involved in management of the club and was just a consultant.

Source (1)

Top Photo Credit: Xportsnews

Source: Soompi

YG Entertainment Stock Prices Fall Following Reports About G-Dragon And Seungri

YG Entertainment’s stock prices have fallen following reports today about BIGBANG members Seungri and G-Dragon.

On February 26 at 2:34 p.m. KST, YG’s stock prices fell 2,350 won (approximately $2.10) and 4.95 percent to 45,150 won (approximately $40.39).

The report about Seungri speculated that he told employees to find prostitutes for potential business investors. These speculations were based on text messages that were reportedly between Seungri, Singer C, Park Han Byul‘s husband referred to as Mr. Yoo, and Burning Sun’s Employee Kim. According to the text messages, the individuals were preparing to entertain Foreign Investor B at Club Arena and discussed arranging prostitutes for the visitors.

YG Entertainment denied the reports and said, “Upon checking with the artist himself, the text messages in the article are fabricated and not true. In addition, just as we have always done, we inform you that we will take strong legal action against the proliferation and reproduction of rumors and fake news.”

Meanwhile, a different report speculating that G-Dragon is receiving special treatment in the military was released.

According to Korean army regulations, a soldier is a private for the first three months, a private first class for the next seven months, and then a corporal for the following seven months.

As G-Dragon began with his official assignment on April 5, 2018 after completing training, his colleagues have been promoted to be corporals. However, G-Dragon was reported to still be of private first class rank.

The report stated that during 364 of his military service, G-Dragon spent 100 of those days outside of the unit. This amount of time off is speculated to be the reason why G-Dragon has not been promoted.

A source from his division commented, “G-Dragon is currently a private first class. We cannot reveal detailed matters. Even if [he] was omitted from promotion, [he] will be automatically promoted after time passes.”

At the time of this article, YG stocks are priced at 45,400 won (approximately $40.61) which is a 4.42 percent decrease from yesterday.

Source (1) via Soompi