BIGBANG’s Seungri recently announced his retirement from the entertainment industry via an Instagram post.
“This is Seungri.
At this point, I think it would be best if I retire from the entertainment industry. I decided on retiring from the entertainment industry as the issues that I caused a societal disturbance with are too major. Regarding the issues that are being investigated, I will be investigated diligently and reveal all the suspicions.
Receiving criticism and hate from the public for the past month and a half and with the situation of all the investigative agencies in the country currently investigating me, I am even being cornered as a traitor of the nation. I personally cannot tolerate causing harm to everyone around me in order to save myself.
I sincerely thank all of the fans in and outside of Korea who have given me lots of love for the past 10 years, and I think this is where I stop even if it’s at least [to protect] the honor of YG and BIGBANG.
Again, I am sorry and apologize once again.
I have been thankful to everyone until now.”
His woes began with investigations into an assault case at the Burning Sun, a club he owns in Seoul.
A customer at the Burning Sun club said in January that he was assaulted by staff after he tried to help a woman whom he claimed was being sexually assaulted.
Seungri has since been booked for providing sexual favours at the club. The nightclub faces a whole host of allegations regarding sexual assault, sex trafficking and drug distribution. Seungri denied any knowledge of the alleged dealings.
Later on, leaked messages from Korean messaging app Kakaotalk showed him collaborating with staff on providing sexual services for potential investors. He is being charged for violating South Korea’s anti-prostitution laws.
Seungri’s quitting of showbiz seems to have been done independently of his management agency, YG Entertainment. YG Entertainment, one of the Kpop industry’s ‘Big 3’ entertainment companies, has since terminated his exclusive contract.
Seungri stated that by quitting, he hoped to protect the reputations of YG Entertainment and BIGBANG, both of which are huge names in Kpop. BIGBANG debuted in 2006 and are incredibly famous, inspiring many generations of Kpop stars to follow in their footsteps. Forbes estimated in 2016 that they earned US$44 million annually, the most successful Kpop group at the time.