First statement after press conference 24 days ago
Refuting multiple allegations raised by HYBE, Min Hee-jin, the CEO of New Jinse Group’s agency Adore, who is in a legal dispute with HYBE, made her first statement since the press conference last month.,
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Min Hee-jin, CEO of Adore, is presenting a statement regarding the conflict with the parent company HYBE at the Korea Conference Center in Seocho-gu, Seoul on the 25th. Prior to this, HYBE announced the results of a mid-term audit of Min Hee-jin and Adore executives and accused them of embezzlement and other charges. Photo=Kang Jin-hyung journalist aymsdream@,
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, ‘Following a press conference last month, Min Hee-jin, CEO of Adore, the group New Jinse’s agency in legal dispute with HYBE, made her first statement in her own name.’,
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, ‘On the 19th, Min stated in a press release that “all the evidence presented by HYBE was illegally obtained data.”‘,
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, ‘Min countered HYBE’s claim that her meeting with external investors to discuss Adore’s management rights was unrelated to investment and was a private gathering, saying, “The meeting with them was a private dinner invitation by acquaintance A, and representatives from DUNAMIS and Naver ended up at the same table without their intention or consent.”.’,
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, ‘Previously, HYBE claimed that during the interim injunction hearing on the 17th, Min met with executives from DUNAMIS and Naver to discuss taking over management rights to accuse them of embezzlement.’,
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, ‘Furthermore, Min dismissed HYBE’s claim that she exchanged disparaging messages about New Jinse members in a KakaoTalk chat, stating that it was not a matter for justification or explanation but rather a refutation of the suspicion.’,
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, ‘Below is the statement released by Min:’,
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, ‘Hello, I’m Min Hee-jin.’,
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, ‘I am writing this post for the first time from a personal perspective since the press conference.’,
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, ‘The reason I am writing this kind of post rather than a formal statement is because the context that I want to clarify is important content that is not effectively conveyed in the format of an official statement.’,
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, ‘I apologize if there is any misunderstanding as to whether it is necessary to convey this kind of position to the general public, but I have been having bewildering days since April 22 and felt the need to write to minimize misunderstandings and correct the false facts claimed by HYBE in court.’,
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, ‘I think you may have already experienced my candid personality through the press conference, so I will speak frankly without any embellishment in this post.’,
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, ‘The reason honesty is even more necessary in this post is because the nature of the matter diverges far from strict, solemn, and serious content.’,
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, ‘I have experienced the seriousness. I will not dare to refuse the bias of seeing important things lightly.’,
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, ‘1. First, regarding the issue related to Naver and DUNAMIS:’,
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, ‘My acquaintance A invited me to dinner on March 24, 20 at 7:30 pm.’,
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, ‘A told me not to feel uncomfortable because his long-time friends would be joining, and the acquaintances of A who met were people older than me and were comfortable with each other.’,
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, ‘During the meal, one of A’s acquaintances mentioned inviting another acquaintance, and at that time, I was not aware of who was coming. About an hour later, that person arrived, and at first, I did not know who he was. When he introduced himself, I found out that he was person C of DUNAMIS, and I remembered that he had expressed a desire to meet me through Chairman Bang at a previous meeting. He said he wanted to attend the dinner because he heard I was there and was interested in New Jinse as a producer. In the meantime, unbeknownst to me, Naver’s person B, who had connections with all the attendees, also came. The gathering ended as a completely private event unrelated to investment, a gathering that everyone who attended could testify to.’,
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, ‘Contrary to HYBE\’s extravagant media play, surprisingly, the meeting with DUNAMIS\’s person C is all there is to it.’,
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, ‘Why is HYBE making false claims based on what evidence?’,
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, ‘Person C mentioned that he wanted to come to New Jinse\’s Tokyo Dome concert, and thereafter, our conversation with him ended with a brief chat about the Tokyo Dome concert. I also exchanged a few private concerns with person B after that.’,
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, ‘On the way home after dinner, I mentioned those who I had met that day to L CEO, and L CEO said in a vague conversation that it would be beneficial for a place like DUNAMIS, a company that is one of the companies that HYBE has also invested in, to become the owner of Adore, which can benefit both HYBE and Adore. However, this thought is unlikely to come true practically. Most importantly, we know that it cannot be realized without HYBE\’s agreement.’,
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, ‘L CEO said he was surprised to find out that Adore was suffering from subtle harassment and ostracism within HYBE after joining Adore. Then he asked me, “How have you been all this time?” For this reason, L CEO and I only had a conversation about how to cope with various harassments from HYBE in the past, which was the only intention of our conversation. However, HYBE captured this conversation, edited it, and manipulated it into something maliciously exploiting it as if something great was planned and executed.’,
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, ‘It is unbelievable that I have to explain the story of a private dinner meeting in such a long explanation because of how grave this situation has become.’,
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, ‘Have they found the truth of the Saudi government\’s national capital that they were asserting so seriously? And it is just amazing how HYBE drags people who are friends with themselves into difficult situations and takes advantage of them.’,
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, ‘Is it reasonable to propose a takeover offer to people they first met at a dinner with acquaintances? Repeat, there is a need for a clear confirmation on this matter by including HYBE in a four-way meeting.’,
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, “I have never made such a proposal to Naver or DUNAMIS, so HYBE should check if Naver or DUNAMIS has ever received a takeover offer. Please do not verify the ‘meeting’ like a joke, but ask for confirmation on the ‘purpose of the meeting and conversation.'”,
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, ‘Regardless of the truth, the thought that headlines such as “Just admit that you met Naver or DUNAMIS” could be drawn makes me mention this.’,
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, ‘The content of me saying “I did not meet investors” means, “I did not meet with the purpose of taking over management rights.” I hope you will not be fooled by trivial jokes.’,
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, ‘People may have various social statuses. CEOs, lawyers, doctors, teachers, etc. For example, if it were a school parent meeting, no matter what representative of an investment company comes out, the meeting is just a school parent meeting and cannot be a lawyer meeting or an investor meeting.’,
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, ‘Even if I had met an investor, what exactly is the problem with a CEO or vice president of a company meeting an investor alone? Why are they suspicious and inquire like this about other CEOs meeting investors within HYBE? Have they been grateful for the trips and receptions where they hang out in lounges, rooms, and temples to entertain investors and partners?’,
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, ‘Moreover, even with sufficient grounds for an internal complaint, why did they never request a meeting once?’,
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, ‘Looking at the “subsidiary company investigation right under the Commercial Law,” it states, “If there is a need for an investigation report for the subsidiary company, considering the independence between the subsidiary company and the parent company, first, the parent company audit committee should first request an investigation report from the subsidiary company, and if the subsidiary company does not respond to the inquiry or the report content is insufficient, the audit can be conducted directly.”‘,
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, ‘Why did HYBE conduct an illegal audit by insisting on pursuing it at the cost of a stock price drop? I state that all the evidence presented by HYBE was illegally obtained data.’,
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, ‘No matter how much they insist and forcibly push, they cannot turn non-existent events into real ones.’,
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, ‘Please move away from the framing that distorts facts like “Did you meet investors or not.”‘,
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, ‘2. Human affairs, human relationships are not explained by a few words in random KakaoTalk chats.’,
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, ‘There is no reason to excuse or explain.’,
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, ‘My nature, usual way of speaking, jokes, and the situation and interlocutors I faced should not be judged and evaluated simplistically by those who do not know them, and falling into this kind of short-cut conversation pulled out of context.’,
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, ‘Due to this nature of mine, I prefer to work with small-scale/few people. Within Adore, there are only about five members who directly communicate with me. This seems to have been born from personal trauma.’,
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, ‘Oddly enough, since my previous job, I had been continuously stressed with various stresses due to people falsely accusing me of doing things I hadn\’t done and spreading lies about me even though I hardly engage in external activities. Due to my lack of interest in these matters and because I was receiving various stressors due to external activities in the past, it seems that I minimized meetings out of self-defense.’,
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, ‘That\’s why I was quite surprised to hear tips from some who said that I had not worked directly with most people outside of Adore, but exaggeratedly mentioned that I had worked with me in various ways. However, amidst these things, I would like to express my gratitude for the messages of support sent by other HYBE staff members, carefully transmitted.’,
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, ‘Suddenly, while going through this incident, I remembered what Park Ji-won CEO had said in passing. All the things he had been bringing up about how well he had implemented structural adjustments in his previous job and what kind of attention was needed for what, all just came back vividly, which gave me the chills. At that time, it was something that I was not interested in, so I passed it off, but to see them return in this way made me shudder.’,
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, ‘Even though they were paperwork presented at a hearing, the structure of a civil request to the court, and why a non-related notebook of a deputy chief was investigated without consent and how they manipulated it into a basis for litigation needed for HYBE needs clarification. What is the relevance of this before the commission of Adore?’,
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, ‘Furthermore, despite knowing that dozens of journalists were attending the public court hearing, they deliberately only read out-of-context excerpts of certain personal conversations during the hearing that were taken from personal conversations, as heard later. the question arises how one can go to such lengths as to violate personal privacy and honor based on what was then heard afterward at the court becau…’,
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, ‘committed of the seriousness.’,
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, ‘HYBE illegally acquired a notebook of the deputy chief\’s laptop, without consent, and pre-forensically examined it before an audit, peering into my personal life and sharing and including it in the audit document, though the incident is from before Adore was established. ‘,
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, ‘Despite much doubt, it is amazing how far HYBE dragged people from working with others in Adore and pressuring members to the extent of late nights, entering private homes, demanding personal phones, and distorting private conversations by spreading them, and then distributing articles about protecting Adore team members that had been subjected to pressure.’,
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, ‘HYBE secretly surveilled even private KakaoTalk conversations, and it seems well aware of the extent of favourable content for themselves and how much unfavourable content it was not.’,
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, “Despite mentioning the ‘subsidiary company investigation right under the Commercial Law, HYBE performed an illegal audit based on ‘their own criteria’, and how they committed such acts at such a low level, which all raises questions about HYBE’s moral numbness.”,
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, ‘3. Please look at the essence.’,
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, ‘If the true purpose of the audit was genuine and evidence of a takeover was secured, there would be no need for grandiose media plays. It would have been sufficient to promptly and quietly handle it with accurate evidence and a legal audit process and only announce the results externally. Doing so could have prevented the stock price drop and unnecessary conflicts.’,
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, ‘The current essence of the dispute is about how a serious problem has arisen for me and many others, and reaching a solution through the best method to overcome it.’,
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, “It’s not a popular trial of mine based on short-sighted and biased information and falsehoods.”
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, ‘We are currently in a dispute over legal principles.’,
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, ‘It is a time where we await a judge\’s judgment based on factual circumstances.’,
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, ‘It is a time where we must carefully await a judge\’s decision based on matters of fact.’,
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, ‘Now that HYBE is dragging in issues that deviate from the essence to deceive provocatively and away from the real issue.’,
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, ‘Though difficult, it is the right approach to calmly wait for the court\’s verdict and organize the process afterward.’,
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, ‘I apologize for causing distress inadvertently. Thank you.’,
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