ADOR CEO Min Hee Jin held an emergency press conference to address the allegations of embezzlement and other claims against her.
In a press conference held at the Korea Conference Center in Gangnam today, Min refuted the claims that she said BTS was built on stolen ideas. She stated, “The rumors that Bang Si Hyuk stole my ideas to create BTS are false. It’s just baseless gossip spread by people who don’t know what they’re talking about. I want to ask HYBE: Why are you making me out to be a monster and ruining me like this?”
Min also denied any intention to take over any HYBE subsidiary, emphasizing her role as an employee. She said, “I joined Big Hit Music as an employee. I never intended or attempted to seize control of ADOR. I’m a salaried worker. I just did my job.” She added, “I only complained, but there are a lot of stories going around. There was no embezzlement.”
Min’s lawyer argued that the allegations of embezzlement were unfounded, stating, “Harming the company’s value is embezzlement. There is no evidence that Min actually took any action that could be considered embezzlement. Embezzlement requires a specific act of misappropriating funds or property entrusted to Min. But there’s no evidence Min took any concrete action that qualifies as embezzlement. They have no real case against her. We can’t wait to see what kind of lawsuit they will come up with.”
Min further questioned HYBE’s motives, saying, “I wonder why they made this public. HYBE betrayed me. They stepped on me because I wouldn’t do what they told me to do. I think it’s a frame-up to suppress me because they’ve sucked me dry. I wonder when these people started doing this. We achieved the greatest success in the history of the entertainment industry with NewJeans. It’s been only a year. I don’t understand why they’re suppressing me when I’m helping the shareholders.”
HYBE had previously announced the results of the audit that found Min and other executives at her agency, ADOR, had attempted to seize control of the company. HYBE claimed to have concrete evidence of a plan orchestrated by CEO Min to take over the company.
Min responded to these allegations by publicly criticizing HYBE subsidiary BELIFT LAB’s artist ILLIT, accusing them of copying ADOR artist NewJeans. She claimed that she was being fired for raising this issue.
In a statement released on the day the allegations surfaced, Min said, “HYBE CEO Bang Si Hyuk produced ILLIT’s debut album. It was not done by BELIFT LAB alone but with HYBE’s involvement. The cultural achievements of ADOR and NewJeans have been ironically most seriously violated by HYBE.”
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Min also strongly refuted the allegations of an ADOR takeover attempt, calling them “ridiculous media spin.”
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