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Fantagio issues second official statement on Cha Eun Woo tax investigation

AKP STAFF
Posted by Demian09 1 hour ago 2,047

Fantagio released a second official statement addressing the ongoing tax-related allegations involving their artist Cha Eun Woo.

On January 27, the agency shared the following:

“Hello, this is Fantagio.


We sincerely apologize for causing concern to many people due to various recent situations involving our company and our artist Cha Eun Woo. We feel a heavy sense of responsibility for the controversy that has arisen in connection with our company and our artist.


The matter currently being raised is at the stage where the facts are being verified in accordance with the procedures of the tax authorities, and both the agency and the artist are cooperating fully with the investigation to the extent necessary for each party. If and when legal and administrative determinations become clear going forward, we will responsibly carry out any necessary measures in accordance with the results.


However, we earnestly ask that people refrain from indiscriminate speculation, the spread of unverified information, and excessive interpretation regarding certain claims and suspicions being raised in some quarters.


In light of this incident, we will once again review our artist management system and supplement and strengthen any necessary systems, doing our utmost to ensure that similar controversies do not recur in the future.


Thank you.”


Previously, on January 22, it was reported that Cha Eun Woo had been investigated last year by Investigation Bureau 4 of the Seoul Regional Tax Office on suspicion of tax evasion. According to reports, the National Tax Service notified him of an additional tax assessment exceeding 20 billion KRW (approximately 13.8 million USD).

On January 26, Cha Eun Woo addressed the issue through his personal Instagram account, where he posted a message of apology related to the matter.

SEE ALSO: Cha Eun Woo’s Daesung MIMAC advertisement removed amid 20 billion KRW (approximately 13.8 million USD) tax allegations

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