54

10

News

Burning Sun's largest shareholder (a power company) suspicious investment, a report by MBN

Posted by sagi97712 pts Wednesday, March 27, 2019

Report by Min Kyung-young for MBN
The biggest shareholder of the controversial club, Burning Sun is a power company with 50 percent stake 
[note: 42% Le Meridien Hotel, 8% Chairman Lee Sunghyun (the same Lee who admitted to bribe a former police officer)]
The Le Meridien Hotel, where Burning Sun is located, also owned by the power company.
Of course, there are suspicions that Seungri is the real owner of the remaining 50 percent stake in Burning Sun, but in reality, the biggest shareholder is the power company.

The power company has been drawing a line, saying it has not been involved in the management of Burning Sun, but in reality it may be a different story.

It has been stated (by those managing Burning Sun) that they received only half of the rent and daily sales of Burning Sun, and suspicions have been mounting that the power company may be involved in the management of Burning Sun.

However, it also has been reported that it is breach of trust that the power company invested 10 billion won in Le Meridien through other affiliates.

There are also suspicions that some of the investment has flowed into Burning Sun, the management of which are considering filing a prosecution complaint (against the power company).
  1. Seungri
17 10,155 Share 84% Upvoted
 
hohliu
hohliu7,546 pts Thursday, March 28, 2019 0
Thursday, March 28, 2019

So who owns the Power Company? This is getting too big for SK Police to deal with. They will not expose, charge and prosecute the Upper ones.

14 (+16 / -2)
Share
 
DTRT
DTRT7,192 pts Wednesday, March 27, 2019 3
Wednesday, March 27, 2019

We aren't making it up when we say Seungri is involved with the mob.

That's just the facts.

11 (+18 / -7)
Share

3 more replies

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Gong Hyo Jin, Lee Min Ho, misc.
misc.
Lim Ji Yeon, Song Hye Kyo
Buzz
Ahreum
(G)I-DLE, Minnie
Kim Chung Ha
Zico, D.O.
Han So Hee
2 hours ago      1,355
Kim Sook, Song Eun Yi, Song Hye Kyo
IVE, Wonyoung
Lim Ji Yeon, Song Hye Kyo
Hyeri
EXO, Suho, D.O., Chanyeol
Kim Sook, Song Eun Yi, Song Hye Kyo
New Message

SEND