AKP STAFF
Singer/actor Lee Seung Gi's legal representative has released a rebuttal against Hook Entertainment's most recent claims.
On November 25, Hook Entertainment denied the ongoing accusations that the agency withheld Lee Seung Gi's music distribution earnings for 18-years, instead claiming that "financial records were confirmed by both sides" in 2021, and that "due payments were fulfilled with both sides signing a mutual agreement."
Now, on November 28, Lee Seung Gi's legal representative has come forward to refute the above claims, once again emphasizing, "Lee Seung Gi has never once in his career received a record of finances when it came to his music earnings. It is impossible to guess what Hook Entertainment may be referring to when the company claims that payments for the artist's music earnings were fulfilled."
The legal representative further argued, "Hook Entertainment stated that all payment obligations were met in 2021 during Lee Seung Gi's contract renewal period, but this is false. The agreement that Lee Seung Gi signed during this time was not an agreement involving Lee Seung Gi's music earnings. This agreement specifically involved the property investment that Lee Seung Gi made in 2021 in Hook Entertainment, amounting to 4.7 billion KRW (~ $3.5 million USD)."
Earlier this week, various media outlets reported that Hook Entertainment had borrowed 4.7 billion KRW from Lee Seung Gi with 0% interest in 2011. Years later, when Lee Seung Gi expressed his...
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