Yoo In Suk Admits There Was Mediation Of Prostitution In 2015, Seungri Denies All Knowledge

In an exclusive report from Chosun.com on April 24, it was revealed that Yoo In Suk — the former CEO of Yuri Holdings and Seungri’s business partner — admitted to police that prostitutes were called for a Japanese investor [in December 2015] and that there was payment for sexual services rendered.

Seungri and Yoo In Suk were both called in for questioning by the police on April 23 regarding suspicions of them mediating prostitution. Specifically, they were questioned about the Japanese investor and his accompanying party of seven to nine that visited Korea in December 2015.

Prior to April 23, both Seungri and Yoo In Suk maintained that there was no provision of prostitution services. However, when police showed Yoo In Suk records of a transaction between him and a woman who manages prostitutes, he said “I’m sorry” and admitted to the allegations.

Seungri is maintaining that he was not involved in any prostitution mediation. When police stated that Seungri paid (30 million won; approximately $25,900) for the hotel where the investor was hosted with prostitutes with a YG Entertainment company card, Seungri acknowledged doing so, but said, “It wasn’t to provide prostitution services.” He explained that he received good hospitality from the investor while abroad and that he wanted to return the favor by paying for his stay in Korea. He said, “I didn’t know there was any prostitution.”

A source from YG responded to reports of Seungri using a company card to pay for the Japanese investor’s hotel, saying, “Personal expenses [put on the card] not related to Seungri’s work were paid by Seungri.”

Meanwhile, police are still investigating whether there was prostitution at Seungri’s birthday party in Palawan in December 2017. A source from Seungri’s side previously stated that the payment to the female escorts was solely for travel expenses, and the escorts corroborated, saying that any sexual activity was voluntary and that they were only paid for travel expenses.

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