Source Of YG Entertainment Responds To Seungri's Retirement Announcement

Source Of YG Entertainment Responds To Seungri's Retirement Announcement

The police have also been investigating Burning Sun, a nightclub where he was a public relations director, over suspicions about illegal narcotics use, sexual assaults and corrupt deals with police officials at the club.

Seungri, whose real name is Lee Seung-hyun, had already cancelled all planned engagements in February, and the March shows of his solo tour.

Seungri of BIGBANG has announced his retirement from the entertainment industry.

Local media reports have also linked the singer to "sex bribery" - or providing sex services to potential investors in his company Yuri Holdings, which manages his entertainment and restaurant businesses.

The police also began searching Club Arena in Gangnam on March 10 to find evidence on the claims.

Cardinal George Pell sentenced to six years in jail
Pell, 77, was convicted in December of raping a 13-year-old boy and molesting another teen at St. Pell maintained his innocence throughout the trial and plans to appeal his conviction.

Seungri has denied the allegations, but if he's convicted he could face up to three years in prison. He announced on Instagram that he will be stepping away from music in order to fight the charges and preserve the band's integrity as well as that of his talent agency backer YG Entertainment. "As this scandal is too big, I have chose to retire". The disturbance and issues in society are too big. Regarding the issues that are being investigated, I will be investigated diligently and reveal all the suspicions.

"For the past 11/2 months, I have been denounced by the public, every investigation agency is probing me and I have been accused as a traitor". Personally, I can't tolerate harming everyone around me to save myself.

"I give my heartfelt, honest thanks to fans at home and overseas who gave their love for the past 10 years", he continued.

Big Bang, a boy band formed in 2006 by YG Entertainment, is now on hiatus.

Seungri's retirement post has been "liked" more than 810,000 times and commented on 210,000 times on Instagram.

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