

“In order for to solve these current difficulties, grow, and prepare for a new breakthrough, I believe a big change is needed.

However, he said that it has been hard to see the issues affect the celebrities under their agency. He said that he and his brother have “silently endured” the speculations hurled against them “because we believe that the truth will surely come to light.” In a statement reported by Soompi, he said, “I am deeply ashamed of myself everyone feeling uneasy and worried due to all of the continuous and provocative issues that have been happening from the beginning of the year.” Yang Hyun Suk’s brother Yang Min Suk also announced his resignation as the company’s CEO on June 14. He closed his statement by saying “Lastly, I believe that the truth of the current media reports and malicious gossip will be revealed through investigations.” He went on to say that there are more capable people at the agency, and his resignation “will be a good opportunity for them to exhibit their abilities better.” “I sincerely hope that there is no further harm to the YG agency celebrities I love, and to the fans who love them, because of me,” he said. I have thought that this is the only ability I can contribute to fans and society,” he said, before announcing that he was stepping down from all of his positions at YG Entertainment. “For 23 years, I have dedicated half my life and everything to growing YG. The work of supporting the best music and the best artists was the greatest happiness for me. In a statement reported by Soompi, the entertainment executive apologized to fans of YG Entertainment celebrities, as well as the agency’s employees “who are silently continuing to do their work throughout the downpour of criticism.” YG Entertainment is a major agency which includes top K-pop girl group Blackpink among its talents.MANILA, Philippines (UPDATED) – YG Entertainment founder Yang Hyun-suk has announced that he is stepping down from his position, amid controversies surrounding a number of the agency’s artists. Yang's first hearing will take place on 25 June, and B.I’s will be held on 9 July. Yang had stepped down as CEO and chief of YG Entertainment amid the drug scandal allegations in 2019. He is also facing and has admitted to charges of gambling in a foreign country and securing the money in violation of South Korean law, which if he is found guilty of, could have him facing fines to a maximum of 10 million won. However, investigations into the matter are suspended as Yang is overseas and uncontactable.

The former YG CEO is currently overseas and is also suspected of conspiring with another agency to send the informant overseas in 2016.

Yang was indicted on by the Seoul Central District Prosecutor's Office on charges of threatening and intimidating an informant and impeding police investigations into B.I.'s drug case. was acquitted of his charges after he tested negative for drug use, until a whistle-blowing acquaintance accused then YG CEO and chief producer Yang Hyun Suk of threatening him and coercing him to lie in his testimony during B.I.'s drug use case.ī.I, formerly of boy band iKON, at the 8th Gaon Chart K-Pop Awards on Januin Seoul, South Korea. He has since quit YG's iKON boy band and is facing backlash from netizens for trying to restart his entertainment career as a solo artist.ī.I.
#YANG HYUN SUK TRIAL#
(Photo by Han Myung-Gu/WireImage)įormer CEO of K-pop giant YG Entertainment, Yang Hyun Suk, is facing a criminal trial for allegedly attempting to cover up a drug scandal by iKON's former member, Kim Han Bin, better known by his stage name B.I.ī.I., a 24-year-old rapper and singer-songwriter, was previously investigated in 2016 for allegedly using illegal drugs such as marijuana and LSD. Yang Hyun-Suk, the former CEO of K-pop music label YG Entertainment, at police station in August 2019 after he was booked for questioning over charges of gambling in a foreign country and securing the money in violation of South Korean law.
