The 49-year-old entertainment mogul and producer was one-third of iconic Korean group Seo Taiji & Boys until its disbandment in 1996. He founded YG Entertainment and has since been a major player in the Korean entertainment industry. Over the years, YG Entertainment has managed popular acts including BIGBANG, 2NE1, Psy and BLACKPINK.
According to Soompi, a statement from the Seoul Metropolitan Police Agency on Wednesday (July 17) said: “After analyzing the statements and data, we have booked him as a suspect and we are beginning an internal investigation.”
Yang was booked following suspicion that he had arranged prostitution services for potential investors in 2014. Yang has denied the allegations.
” excerpt=”” image=”9285209″]
The investigation followed a series of high-profile investigations taking place around YG Entertainment over 2019, which have also seen BIGBANG’s Seungri and iKON’s B.I., both previously signed to the label, leave the entertainment industry. Seungri withdrew from public life and left BIGBANG in March amid high-profile investigations into criminal activity in several clubs in Seoul that he had business connections to, as well as his connection to group chats where several male entertainers shared sexually illicit content and allegedly shared experiences of sexually assaulting women. B.I. left iKON after allegations were made against him that he had previously attempted to purchase illegal drugs.