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Tax agency launches probe into YG Entertainment

All Headlines 16:39 March 20, 2019

SEOUL, March 20 (Yonhap) -- The country's tax agency has launched a probe into YG Entertainment, the management agency of K-pop band BIGBANG, over its alleged tax evasion, people familiar with the issue said Wednesday.

The National Tax Service (NTS) sent its investigators to the company's headquarters in western Seoul and secured relevant documents, they said.

The NTS declined to confirm its probe.

The probe came as a sex scandal involving Seungri, a former member of K-pop band BIGBANG, has rocked the country.

Last week, YG Entertainment ended its contract with the 29-year-old singer, who is under probe for allegedly arranging sexual services for potential investors for a Seoul nightclub.

The criminal allegation also led to the shocking revelation that singer Jung Joon-young shared videos of him having sex with women on a mobile group chat room that included Seungri.

The logo of YG Entertainment (Yonhap)


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