The 28-year-old singer in the popular South Korean group Big Bang announced yesterday that he’d immediately retire from showbiz after police charged him with seeking to hire prostitutes for foreign investors at his private club. He posted on Instagram that retiring was meant to prevent further damage to his boy band — which has sold more than 140 million records — or its talent agency, YG Entertainment.
How big is this scandal? YG shares sank nearly 16 percent on the news, while Seungri is banned from traveling abroad and his mandatory military service, which was set to begin this month, is likely to be postponed.
Check out this OZY profile of the Korean singer reviving French jazz.