On February 27, YG Entertainment delivered Seungri's official statement as follows:
"We would like to deliver Seungri's personal statement, which he sent over to us last night.
Once again, Seungri would like to relay his sincerest apologies for the uncomfortable and unsightly news which have been rampant online due to his involvements in certain businesses; he hopes to be able to participate actively and diligently in the police's investigations as soon as possible by attending in person through absolute cooperation, in order to bring to completion all investigations involving illegal drug suspicions, as well as all other ongoing controversies.
We at YG also agree with Seungri's stance, and the legal team at YG plans on contacting the police unit involved in the ongoing investigation by this afternoon to relay Seungri's wishes to cooperate diligently and actively. Through the police's thorough investigation, we hope that the absolute truth hidden behind these reckless rumors will come to light in the fastest possible manner; in the case that the police discover any problems, the individuals involved must face strict legal consequences for his/her actions.
On the other hand, in the case that all of the above mentioned rumors and controversies are proven false, we will make sure to prepare all manners of legal action including a lawsuit, request for police investigation and action, etc."
Previously, YG Entertainment issued a firm stance claiming that the reports involving Seungri's Kakao Talk messages were fabricated; the original media outlet responsible for the news then stepped up to deny any accusations of fabrication.