YG Entertainment's head producer Yang Hyun Suk has officially resigned from all other positions at the company just days after the iKON member Kim Hanbin(B.I) Drug Scandal.
This move comes following a number of scandals related to YG Entertainment, including the most recent the drug scandal involving former iKON member B.I, and Seungri's KakaoTalk controversies, tax evasion accusations.
Yang Hyun Suk is alleged to threaten a witness, who was reported to be Han Seo Hee, over her testimony regarding B.I. of iKON. However, YG Entertainment have denied all suspicions of coaxing her to change her testimony and appointing a substitute lawyer for her, despite confirmed that Yang Hyun Suk met with the witness.
Meanchile, Yang Hyun Suk's brother Yang Min Suk has stepped down as the lead director of YG Entertainment.
"We need a big change to remedy the current difficulties and mature with a new breakthrough. So that there will be no misunderstanding in Yang Hyun Suk recently resigning from all positions, I think that it's needed for me to clarify my position as well. Within this situation, I've decided to step down as the longtime lead director of YG Entertainment." He said in a statement to YG Staff on June 14.
Yang Hyun Suk's whole statement on YG's homepage posted on June 14:
"This is Yang Hyun Suk.
I apologize to the fans who love YGE and our label artists.
I'm also sincerely apologetic to all of the employees who silently continue to do their work despite the torrent of criticism.
I've kept my mouth closed with patience in this situation when disgraceful and humiliating words are being told as truths without discretion. However, I think it would be difficult to endure further.
I don't think I can continue to let YG, our label artists, or fans continue to be harmed because of me.
For 23 years, I dedicated half my life and everything to building YG.
Supporting the best music and the best artists was the greatest happiness for me. I've thought about how this is the only thing I can do to contribute to fans and society.
However, I'll be stepping down from all my positions and business at YG from today forwards.
I sincerely hope no further harm will come to YG as a label or to the artists I love and the fans who love them because of me.
There are currently a lot more professionals at YG who have more abilities and sense than I do. I think stepping down will be a good opportunity for them to show their abilities better. It's my honest wish that YG can stabilize quickly.
Finally, I trust that the truth will definitely be revealed after all the current headlines and facts are seen after investigation. Thank you."
