[theqoo] WHAT IS HAPPENING WITH THE INVESTIGATION INTO BANG SIHYUK??

  • [theqoo] WHAT IS HAPPENING WITH THE INVESTIGATION INTO BANG SIHYUK??

    Bang Sihyuk was investigated last year on charges of violating the Capital Markets Act involving 400 billion won (~275M USD)



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    "Stock speculation = ruin oneself and his family
    Will Chairman Bang Sihyuk be the first?"


    Many predicted that stock manipulation would become the current administration's top target, as it is said to lead to ruin.



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    "National Tax Service also raids HYBE. Investigation Division 4 targets Bang Sihyuk.


    The National Tax Service also launched a tax investigation against HYBE on the 29th.


    The NTS dispatched personnel to HYBE's Seoul headquarters that day to secure documents and other materials. The investigation is being led by the Seoul Regional Tax Office's Investigation Division 4, known in the business world as the grim reaper for probes into owner misconduct, leading to speculation it is targeting Chairman Bang Sihyuk."


    The so-called corporate grim reaper, Investigation Division 4, was also deployed.


    This was last July.




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    "'Alleged 190 billion won (~131M USD) in unlawful gains' Bang Sihyuk banned from leaving the country


    Bang Sihyuk denies allegations of being banned from leaving Korea, yet ‘travel ban’ remains"


    After that, Bang Sihyuk was also banned from leaving the country..
    (And the amount shrinking to 190 billion won is freaking hilarious)



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    "Chairman Bang Sihyuk, looking noticeably thinner, attends APEC alongside RM... His appearance is unrecognizably different"

    Despite facing charges of stock manipulation and even being banned from leaving the country,
    he still attended the APEC CEO Summit looking gaunt (as per the article's wording) ㅋㅋㅋㅋ



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    "'Illegal trading allegations' against HYBE's Bang Sihyuk: investigation delayed again? Prosecutor in charge transferred..."There's a tendency, but...”


    As the investigation into HYBE Chairman Bang Si-hyuk, accused of illegal trading, drags on, attention is focused on the personnel transfer of the prosecutor in charge. With the prosecutor overseeing the investigation now transferred, the conclusion on the allegations against HYBE Chairman Bang Sihyuk is expected to be further delayed."


    And this is the latest article on the investigation ㅋㅋㅋㅋ
    The prosecutor handling the Bang Sihyuk case got transferred
    So the conclusion on the charges will be delayed ㅋㅋㅋㅋㅋㅋㅋ.....


    Conclusion: Don't hold your breath for any punishment ㅋㅋ


    I'm genuinely curious
    What the hell is Bang Sihhyuk (HYBE) that the media is hushing this up so much and progress is this slow???


    Honestly, I see more news about Bang Sihyuk's Wegovy than news about the Bang Sihyuk investigation.


    original post: here


    1. What is Lee Jaemyung doing?


    2. And we also barely have any articles about him


    3. Can they send him straight to jail like Kakao?


    4. What is the government doing???????


    5. They said stock manipulation ruins everything??? Then why make exceptions??


    6. They are probably all involved ^^


    7. Lee Jaemyung is truly a fraud. He said stock manipulation leads to ruin


    8. He will never get punished. If it was the case, then YG would've already been ruined


    9. Burning Sun only caught a few celebrities, but none of the politicians actually involved got caught, right? Both ruling and opposition parties have connections, so I don't expect much this time either. Anyway, HYBE fans will shield them all, and the media has them in their pocket. Sweet deal


    10. And they are only going after Min and NewJeansㅠ NewJeans who were doing so wellㅠ


    11. This is so scary


    12. Even a stock manipulator gets to live just fine


    13. He said that stock manipulation will lead you to ruin. What a load of bullsh*t. They're throwing all our resources behind their own artists' performances right? They're all talk


    14. I already expected this~

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    "HYBE Chairman Bang Si-hyuk is under investigation for alleged unfair profits of 190 billion KRW (violating the Capital Markets Act). The police investigation was reportedly nearing its conclusion, but suddenly, the clock has stopped. What is the real reason?


    Could it be because of the 'BTS Gwanghwamun Comeback' broadcasting live globally on Netflix on March 21st? We cannot erase the reasonable suspicion that the police are intentionally delaying the results, walking on eggshells around the mega-agency out of fear of a stock market crash and event disruptions.


    A mega-event by a giant entertainment company cannot serve as a shield for a major economic crime. The scales of justice must not tilt before the power of capital. This farce of an investigation being dictated by an agency's schedule must end. We strongly demand a transparent announcement of the investigation results."



    an interesting tweet, bango using bts as shields again ...

  • Of course you're one of the first in a thread about Bang Si-hyuk!

  • The reshuffle of judicial personnel that just happened most certainly means some new people are gonna need to review the whole case before making a decision to prosecute or not. It should not have taken this long to begin with but there's nothing to prevent it from it taking even longer now.


    Supreme Court Announces Major Judicial Personnel Reshuffle
    Supreme Court Announces Major Judicial Personnel Reshuffle Constitutional Court, Financial Services Commission, and universities also see leadership changes
    www.chosun.com

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