Police: "Bang Si-hyuk investigation to conclude soon... Request to lift travel ban from U.S. Embassy? No request has been received yet" [Star Issue]

*This content was translated by AI.

While the police stated that the investigation into Bang Si-hyuk, Chairman of HYBE, regarding allegations of "fraudulent market manipulation" is in the "final stage," they also said regarding a request from the U.S. Embassy in Korea to lift the travel ban on Chairman Bang, "No such request has been received by the Seoul Metropolitan Police Agency."

According to NEWS1 on the 20th, during a regular press conference held at the Seoul National Police Agency headquarters in Nae-dong, Jongno-gu, Seoul, Police Chief Park Jeong-bu stated, "The investigation into Chairman Bang is nearly complete," adding, "We are currently reviewing the legal aspects and expect to conclude the case within a short period."

Regarding recent reports concerning Chairman Bang, he declined to comment further, stating, "No request has been received by the Seoul Metropolitan Police Agency." This refers to recent reports that the U.S. Embassy in Korea sent a letter requesting cooperation to allow Chairman Bang, who was banned from leaving the country due to police investigation into allegations of "fraudulent market manipulation," to visit the United States.

Additionally, Park (Commissioner) conveyed, "If a request comes from the U.S. Embassy in Korea, we will review its validity and act in accordance with the law and principles."

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*This content was translated by AI.