HYBE Corporation, the agency behind global K-Pop superstars BTS, is facing intense scrutiny after a series of alarming revelations made during a recent National Assembly audit. The audit, held on October 24th, saw HYBE’s COO and Belift Lab CEO, Kim Tae Ho, grilled by lawmakers.
Leaked Documents Point to Potential Sabotage
The audit unearthed leaked internal documents that have raised serious concerns about HYBE’s business practices. These documents suggest that the agency may have been involved in sabotaging the debut of RIIZE, a new boy group under SM Entertainment.
National Assembly member Min Hyung Bae, who participated in the audit, expressed deep concern over the leaked documents, stating that they point to potential unethical and illegal actions by HYBE.
HYBE’s Controversial Response
Following the audit, HYBE issued a statement addressing the allegations. However, the statement was met with widespread criticism, with many accusing the agency of attempting to downplay the seriousness of the situation.
The initial statement was subsequently deleted, and HYBE has since released an additional statement, offering a more detailed explanation of its actions. However, the damage appears to have already been done, with public trust in HYBE significantly eroded.
The National Assembly audit has brought to light serious concerns about HYBE’s business practices and its potential involvement in unethical activities. The agency is now facing intense pressure to provide clear and transparent answers to the allegations, and the full extent of the controversy remains to be seen.