Min Heejin, CEO of ADOR, maintained a confident demeanor as she appeared for police questioning, smiling in the face of embezzlement allegations.
A Bold Appearance Amid Controversy
On the 9th, at 2 PM, Min Heejin arrived at the Yongsan Police Station in Seoul for questioning as a suspect. Appearing at 1:40 PM, she was dressed in an official NewJeans merchandise t-shirt and a baseball cap, catching the press off guard with her unannounced arrival.
"I just need to tell the truth. The allegation of breach of trust doesn't make sense," Min stated briefly before entering the investigation room.
Background of the Controversy
HYBE, ADOR's parent company, filed a complaint against Min on April 26th, accusing her of attempting to seize control of ADOR from HYBE. The company claims Min instructed ADOR executives to find ways to pressure HYBE into selling its ADOR shares.
Min has consistently denied these allegations, stating in two press conferences, "I have never planned, intended, or executed any attempt to seize control."
Legal Developments
In May, the court sided with Min in a preliminary injunction, stating, "It's difficult to conclude that there are sufficient grounds for Min's dismissal based on HYBE's claims and evidence presented so far."
The court added, "While Min's actions might be seen as betrayal towards HYBE, it's hard to categorize them as 'misconduct related to duties' or 'actions violating laws' that would cause damage to ADOR."
Ongoing Business Activities
Despite the controversy, Min has continued her role as CEO, overseeing NewJeans' comeback activities in Korea and Japan. The group recently held a successful fan meeting at the Tokyo Dome on June 26-27.
Public Perception and Criticism
Min's confident attitude has drawn mixed reactions. While some view it as a reflection of her innocence, others criticize her for appearing overly brazen given the court's acknowledgment of her actions as potentially betrayal, even if not legally classified as embezzlement.
The Investigation Continues
After a nine-hour interrogation, Min emerged from the police station with a smile, maintaining her composure. The conflict between HYBE and Min is expected to continue, given the complex relationship between the two parties.
As the investigation progresses, the K-pop industry watches closely, recognizing the potential implications this case could have on corporate governance and artist management in the future.
