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YG Entertainment denies rumors the agency is under tax investigation

AKP STAFF
Posted by Dani-Dee Monday, March 18, 2019

YG Entertainment has released a short statement regarding rumors that the agency is receiving a tax-related investigation.

Early on March 18, rumors had begun spreading that the Seoul Regional Tax Office notified the agency that they were under tax investigation. Because of these rumors, people were being told to be careful when considering investing in the company's stocks.

However, YG Entertainment was quick to deny these rumors, stating: "We have not received any notice about a special tax investigation."


Meanwhile, previous reports have revealed that YG Entertainment's stock has plummeted 25% since the beginning of Seungri's Burning Sun case.

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32 18,695 Share 69% Upvoted
 
Anesthesarah
Anesthesarah266 pts Monday, March 18, 2019 4
Monday, March 18, 2019

"We now deny everything, so that later we can apologize for lying" strategy.

Good job.

42 (+45 / -3)
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Y_C_Lee
Y_C_Lee1,844 pts Monday, March 18, 2019 0
Monday, March 18, 2019

So quick to deny yet so slow in addressing the scumbag saga. Fishy.

15 (+18 / -3)
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