Hook Leisure Responds To Reviews Of CEO Utilizing Lee Seung Gi’s 4.7 Billion Received Mortgage To Purchase Luxurious Residence

Hook Leisure has responded to reviews associated to Lee Seung Gi lending its CEO billions of gained (tens of millions of {dollars}) over the previous eight years.

On November 26, Korean information outlet 10Asia reported that between 2014 and 2021, Lee Seung Gi had lent Hook Leisure CEO Kwon Jin Younger a complete of 4.725 billion gained (roughly $3.538 million) with zero curiosity.

Moreover, 10Asia reported that in that point interval, Kwon Jin Younger had bought a 3.4 billion gained (roughly $2.5 million) residence within the well-known luxurious condo advanced Hannam the Hill—and paid for it in money. The timing of the acquisition raised hypothesis that Kwon Jin Younger could have used Lee Seung Gi’s short-term mortgage to purchase an condo for herself. The condo in query is now valued at over 7 billion gained ($5.2 million).

On the morning of November 27, Hook Leisure responded to the report by stating merely, “The Hannam the Hill [residence] is Kwon Jin Younger’s private enterprise and has nothing to do with Hook Leisure.”

In the meantime, CEO Kwon Jin Younger commented, “[The purchase of the apartment] has nothing to do with Lee Seung Gi.”

Earlier this month, it was revealed that Lee Seung Gi had despatched a certification of contents to Hook Leisure asking for clear disclosure of cost. Dispatch then revealed a report alleging that Lee Seung Gi had by no means obtained any of his digital music income from the company, with Lee Seung Gi’s authorized consultant adding that the star had been insulted and threatened when he requested a breakdown of earnings.

Nonetheless, Hook Leisure denied the allegations made by Dispatch, claiming that that they had gone over all related monetary particulars with Lee Seung Gi and paid him all the pieces he was owed when renewing his unique contract in 2021.

In the meantime, Hook Leisure not too long ago underwent a search and seizure by the Extreme Crime Investigation Division of the Nationwide Police Company as a result of suspicion of embezzlement by a few of its executives.

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