Okay-pop star Seungri (Lee Seunghyun) of quintet BIGBANG has introduced his retirement from the leisure trade after being booked by Seoul police as a suspect in relation to allegations of the singer supplying prostitution providers. The 28-year-old took to Instagram on Monday (March 11) to announce his determination.
“At this level, I feel it might be finest if I retire from the leisure trade,” he wrote, translated Soompi. “I made a decision on retiring from the leisure trade as the problems that I induced a societal disturbance with are too main. Regarding the problems which might be being investigated, I might be investigated diligently and reveal all of the suspicions.”
At the tip of January, allegations arose relating to a Seoul membership that the star managed reportedly condoning sexual assault and supplying drugged sexual companions to prospects. According to Variety, the case picked up once more following the emergence of textual content messages on the finish of February. Dating again a number of years, they allegedly confirmed that Seungri and a number of other others had mentioned supplying prostitutes to potential traders for the membership and different enterprise pursuits of the BIGBANG member. The scenario resulted in a widespread investigation into unlawful actions happening in Seoul's membership scene, the Korea Herald reported.
Seungri canceled a sequence of live shows following the discharge of the messages in February, and was questioned by the Seoul Metropolitan Police Agency in the midst of the month. On Sunday (March 10), Yonhap reported that he was booked on fees of supplying prostitutes after a police raid on a Seoul nightclub, Arena. He reportedly faces as much as a three-year jail sentence.
“To safe a warrant for the raid aimed toward addressing suspicions, we’ve got booked Seungri as a suspect," a police officer reportedly mentioned. Several different individuals are additionally being investigated in regard to the case.
In his publish, Seungri additionally thanked his followers earlier than expressing his retirement as a means of defending his long run act and the corporate he began his profession with in 2006, writing, "I feel that is the place I cease even when it’s at the least [to protect] the dignity of YG and BIGBANG." Seungri ended the publish by apologizing and expressing his thanks.
Bloomberg reported that YG Entertainment's inventory worth dipped as a lot as 14 p.c because the information surrounding Seungri escalated. The firm at the moment additionally homes the likes of BLACKPINK, Winner, and iKON. Other leisure firms within the trade, together with JYP Entertainment, which options many teams reminiscent of TWICE and GOT7, and SM Entertainment, house to quite a few acts together with EXO and Red Velvet, additionally noticed shares drop.
The information follows ongoing strife for the long-lasting Okay-pop group, most prominently rapper T.O.P receiving a suspended jail sentence for marijuana utilization in 2017.
BIGBANG has landed two albums on the Billboard 200 within the group's profession; in 2012, Alive peaked at No. 150, whereas Made hit No. 172 in 2016. The group additionally noticed 4 albums attain the highest 5 of the World Albums chart (Made spent per week at No. 1). As a soloist, Seungri has launched two albums into the highest 5 of the World Albums chart, together with final 12 months's The Great SeungRi, which peaked at No. three on Aug. four
Billboard has reached out to associated events for statements relating to the matter.