YG Entertainment founder Yang Hyun Suk has denied involvement in mediating prostitution services following a report from Korean news program Straight.
The report alleges that Yang Hyun Suk was involved in soliciting prostitutes for foreign investors. The program reported that in 2014, senior YG Entertainment executives held a dinner with investors where YG singers were present. According to an anonymous witness source, there were 25 women invited and at least 10 were brought by a woman named Madam Jung, from an adult entertainment establishment.
The source stated that after the dinner, the group went to a Gangnam nightclub with Yang Hyun Suk. While there, the investors chose women they liked and returned to their hotels. According to the source, this happened more than once while the investors were in the city.
Yang Hyun Suk has denied the allegations, stating: "It's true that I was present, but I didn't know that prostitution services were solicited. I didn't pay for the meal expenses myself. I didn't know anything about it. There was no further contact with the investors. I know Madam Jung, but I don't know why the women attended".
Seungri has already been under investigation for mediating prostitution services, where he allegedly paid for hotel expenses with a YG corporate credit card. His case is still under investigation.
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