* Translated by Papago

Starnews

Lee Jang-woo apologizes for 'controversy over illegal collection' "I trusted my friend of 20 years..a sense of responsibility" [Professional]

Published :

Kim Nayeon

*This content was translated by AI.

Actor Lee Jang-woo poses at a production presentation for tvN's new entertainment show "Business Genius White Sands" held at the Seoul Garden Hotel in Dohwa-dong, Mapo-gu, Seoul on the morning of the 29th.  Jongwon Baek, Korea's top restaurant management expert, will premiere "Business Genius White Sands," which depicts Jongwon Baek's challenge to global rice business from start-up to operation in a barren Korean restaurant, on April 2. /2023.03.29
Actor Lee Jang-woo poses at a production presentation for tvN's new entertainment show "Business Genius White Sands" held at the Seoul Garden Hotel in Dohwa-dong, Mapo-gu, Seoul on the morning of the 29th. Jongwon Baek, Korea's top restaurant management expert, will premiere "Business Genius White Sands," which depicts Jongwon Baek's challenge to global rice business from start-up to operation in a barren Korean restaurant, on April 2. /2023.03.29

Actor Lee Jang-woo belatedly expressed his position amid the untimely "controversy over illegal collection."

On the 20th, Lee Jang-woo said on his Instagram, "I sincerely apologize and regret to A, who suffered from not receiving the payment for a long time," adding, "I ask for your understanding for not providing a detailed explanation after the first report." I felt sorry for the spread of speculation, but I decided that remarks based on inaccurate facts could rather increase damage," he said.

Lee Jang-woo, who said he needed time to closely check the facts in general, said, "Hoseokchon paid the full amount of meat supplied by A to Mujin under the contract with Mujin Co., Ltd., and the controversy was caused by Mujin's failure to pay A the amount he received from Hoseokchon."

The former representative of Hoseokchon was a friend of 20 years and believed that he would manage the business relationship with Mujin responsibly, adding, "I learned for the first time from this report that the former representative was concurrently serving as Mujin's auditor and that Mujin was not paying A on time. It was clearly my lack of confirmation in person of the overall transaction structure, and I am deeply reflecting on this point," he said.

Lee Jang-woo said, "Mujin is believed to have been supplying meat to other customers besides Hoseokchon. As soon as the supply to Hoseokchon is confirmed, we will solve the problem by treating the corresponding amount as a loan to Mujin on the premise that Mujin repays the amount to A. We will do our best to ensure that Mr. A receives a fair payment as soon as possible, he stressed, promising to prevent a recurrence.

Finally, he said, "I didn't start this business by thinking easily or just pursuing profit. "The more I try it, the more I bow to the efforts and hard work of those in the restaurant industry and self-employed people," he said. "Despite starting with the advantage of being a celebrity for publicity, I feel deeply that the restaurant industry is by no means a pushover." Therefore, this controversy feels even heavier. Regardless of the scope of legal responsibility, I truly feel responsible for this damage to those who have trusted my name and continued the transaction. We will take responsibility until the end so that Mr. A's problem can be resolved as soon as possible, he added.

Actor Lee Jang-woo is attending the "2023 MBC Broadcasting Entertainment Awards" red carpet event held at the MBC headquarters in Sangam-dong, Mapo-gu, Seoul on the afternoon of the 29th. 2023.12.29 / Photo = Kim Chang-hyun
Actor Lee Jang-woo is attending the "2023 MBC Broadcasting Entertainment Awards" red carpet event held at the MBC headquarters in Sangam-dong, Mapo-gu, Seoul on the afternoon of the 29th. 2023.12.29 / Photo = Kim Chang-hyun
Lee Jang-woo's Instagram post.

First of all, I sincerely apologize to everyone who caused concern over this controversy.

And I sincerely apologize and regret to Mr. A, who suffered from not receiving the payment for a long time.

We ask for your understanding that we have not been able to provide a detailed explanation since the initial report.

It was regrettable that speculation was spreading, but we decided that remarks based on inaccurate facts could rather increase damage. There was also concern that my remarks as a celebrity with a name could cause unexpected damage to others involved.

Please understand with a broad mind that it took time to closely check the overall facts.

As you've already learned from the reports,

Hoseokchon normally paid the full amount of meat supplied by A to Mujin under the contract with Mujin Co., Ltd.

This controversy was caused by Mujin's failure to pay A the amount he received from Hoseokchon.

The former representative of Hoseokchon is my friend of 20 years. I believed that he would manage the business relationship with Mujin responsibly as the representative of Hoseokchon. However, I learned for the first time from this report that the former CEO was concurrently serving as Mujin's auditor and that Mujin was not paying A on time.

It was definitely my shortcomings that I did not check the overall transaction structure in person, and I am deeply reflecting on this point.

Mujin is believed to have been supplying meat to other customers in addition to Hoseokchon.

As soon as the supply to Hoseokchon is confirmed, we will solve the problem by treating the corresponding amount as a loan to Mujin on the premise that Mujin repays the amount to A.

We will do our best to ensure that Mr. A receives the fair payment as soon as possible.

Taking this as an opportunity, we will check the transaction structure and payment status of related workplaces, including Hoseokchon. If additional similar issues are found, we will take decisive action, including legal means. In addition, in the future, we will not rely solely on human trust in business management, but will establish an independent confirmation system to prevent such a recurrence.

I didn't start this business by thinking easily or just pursuing profit.

The more you do it, the more you bow to the efforts and hard work of those in the restaurant industry and the self-employed.

Despite starting out with the advantage of being a celebrity for publicity, I feel deeply that the restaurant industry is by no means a pushover.

That's why this controversy feels heavier.

Regardless of the scope of legal responsibility, I truly feel responsible for this damage to those who have believed in my name and continued the transaction.

We will take responsibility until the end so that Mr. A's problem can be resolved as soon as possible.

Thank you.

Dream of Lee Jangwoo

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*This content was translated by AI.

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