SEOUL: K-pop star Seungri announced on Monday Mar 11 he is retiring from show business, as police continue to investigate his alleged involvement in a sex-for-investments scandal. Seungri has been questioned by the police at least once since a local media outlet reported that he had engaged prostitutes for potential investors of Yuri Holdings, a company he founded in to manage his restaurant and entertainment businesses.
Shares of the agency which manages him, YG Entertainment , plunged Burning Sun, a nightclub where he was public relations director, is also being investigated over allegations of corruption, drug abuse and violence. In February, YG Entertainment said Seungri would cancel all planned engagements , including the final shows of his solo tour, to focus on the investigation. In his Instagram post, Seungri also said he could no longer bear to be a burden to others, by remaining in the industry while being "blamed by everyone and probed by all the investigative agencies".
Seungri is set to enlist in the army this month despite the investigations. Citing National Police Agency Commissioner General Min Gap-ryong, Yonhap reported that the authorities would continue with the investigation even if he joined the military and would do so in consultation with the defence ministry.
We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. It said in a statement that it was concerned a protracted trial in civilian courts would hamper its effort to equally apply the military obligation on Seungri, Men eligible for military service in South Korea are allowed to delay their conscription five times under certain conditions before they become 31, but the accumulated delayed time cannot exceed two years.
Seungri postponed his conscription in March South Korean media said Seungri is expected to enter the military in late February or early March. Prosecutors gave no details about the charges. South Korean media reported that Seungri was accused of buying prostitutes for himself and business investors from Taiwan, Japan and Hong Kong, engaging in illegal gambling overseas, and failing to report to South Korean authorities about money he borrowed abroad to use in gambling.
Seungri has previously denied most of the allegations. Big Bang has been one of the most successful K-pop bands since its debut in , attracting huge, loyal followings in Asia and around the world. Big Bang has been on a temporary hiatus as other members served in the military.
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