Kang Daniel sues his agency’s major shareholder for 10 billion contract

kang Daniel sues
Kang Daniel sues credit: Konnect Entertainment

Kang Daniel Sues the agency’s major shareholder

On May 20th, YTN, the Korean news outlet, made an exclusive article about Kang Daniel and Konnect Entertainment.

Singer Kang Daniel has launched a criminal response against the majority shareholder of his agency Konnect Entertainment.

According to the YTN report, Kang Daniel filed a complaint with the Seoul Metropolitan Police Agency today (20th) against Konnect’s major shareholder A on charges of forgery of private documents worth 10 billion won, embezzlement and breach of duty for aggravated punishment of specific economic crimes worth 2 billion won, violation of the Information and Communication Network Act worth 2 billion won, and fraud for use under the criminal law.

It is claimed that “A” caused 14 billion won in damage by using his status as a major shareholder to embezzle company funds and stealing Kang Daniel’s name and stamp.

Kang Daniel founded Konnect Entertainment in 2019. For the past five years, he has released several albums including “Color on Me,” “MAGENTA,” and “YELLOW” as the representative and affiliated artist. In June last year, he also released his fourth mini album “REALIEZ.”

Until last year, he also performed world tours in the Americas, Europe, and Asia.

Previous article about artist and agency’s conflict, PLAVE Staff leaked personal informations of artists?, CLICK HERE.

Source (exclusive news) article – https://m.entertain.naver.com/now/article/052/0002037635

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