The prosecution's investigation into Choi Seon-sil's gate has been full-fledged, and the suspicion is likely to spread to the entertainment industry.
Choi Soon-sil has been directly involved in the Cultural Prosperity Committee, and her nephew Jang Yoo-jin (Jang Seung-hoo, Jang Si-ho) is known to have a close relationship with the entertainment industry.
According to the securities industry and various media on the 1st, Choi is known to be leading the creation culture proliferation policy, which is one of the current government's keynotes, and the representative entertainers participating in the Hallyu policy are being directly targeted by the rumors.
YG Entertainment was sparked by the fact that CEO Yang Min-seok was appointed to the committee of the Cultural Prosperity Commission in July 2013. Yang was the youngest committee member and the only one from entertainment company at that time.
In particular, the CEO Yang also accompanied President Park Geun-hye as an economic delegation for the month before the Committee for Culture and Promotion was selected. From a roster of 71 members, such as the chairman of the Federation of Korean Industries (FKI), Hyundai Motor Chairman Chung Mong-koo and LG Group Chairman Koo Bon-moo, CEO Yang is the only one from entertainment companies.
A Blue House official said, "We did not consider a specific company." Other entertainment companies, such as SM and JYP, also received the offer, but they couldn't participate, he said.
There are also suspicions surrounding popular stars at the forefront of cultural policy. Big Bang was selected as PR ambassador for the new national brand 'CREATIVE KOREA' last August. However, this brand became the subject of suspicion when it stood at the center of Choi's cultural policy irregularities.
According to one source, 'Creative Korea' was a business with low collusion, but it was adopted as a national brand. In addition, the phrases and colors were similar to the national industrial slogan published by the Trade and Investment Promotion Agency of France. Chae's associate Cha Eun-taek was involved in the business and said that 14 billion won was invested in six fields.
In addition, Choi's nephew Jang Jang, familiar with the top actors and singers, including the status of popular entertainers, government policies and events related to the star continues to be resigned.
The Ministry of Culture, Sports and Tourism denies Choi's involvement in the cultural extension policy. "It's the first time I have seen the related documents published through the media," he said. Some entertainment officials said, "It was in the past government that a popular entertainer was mobilized in the government event."
An official from the financial investment industry said, "YG Entertainment's quarter 3 earnings are expected to be in line with the consensus, and negative factors continue to dampen investor sentiment." Overall, stock prices at enter-listed companies are likely to rebound for the time being. "He said.
On the other hand, the prosecution, which is urgently arresting Choi and expanding the investigation, is expanding the investigation into related industries by seizing the real company owned by Chun Eun-taek, an advertising director known as Choi's associate. Mr. Cha is suspected of having been appointed as a member of the Cultural Prosperity Committee in 2014, and as the head of the Creative Economy Promotion, he has taken over the government cultural policy and earned the right.
