BIGBANG's Seungri announced his retirement from the entertainment industry on March 12, and now his agency, YG Entertainment, have confirmed that Seungri's contract has been terminated.
In their statement, the agency also apologised for not managing their artists to the best of their abilities, and that they would be reflecting on their actions. You can read a translation of the statement below.
Seungri is currently considered a suspect charged with violating Korea's anti-prostitution laws, after it was alleged he arranged sexual escort services for foreign business investors at nightclubs.
He has also been named as one of the celebrities involved in a group chat scandal in which hidden camera footage of women was shared and discussed. Entertainer Jung Joon Young has admitted to being one of the people who shared secret footage filmed without women's consent in the chat, and has been booked by police.
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