Lee Seung-ki, '10.5 billion won lease contract at three times market rate' "Cha Ga-won encouraged us, saying she wanted to rely on our couple..." [PD Notebook]

*This content was translated by AI.

Singer and actor Lee Seung-ki clarified allegations related to Cha Ga-won, CEO of his agency One Hundred Label and chairwoman of the PIAK Group.

On the evening of the 2nd, the MBC current affairs and documentary program 'PD Notebook' covered various controversies surrounding Cha Ga-won and MC Mong.

In particular, Lee Seung-ki drew attention by stating his position regarding the lease contract for an A-villa built by Cha Ga-won's company. Previously, entertainment media The Fact reported the risk that Lee Seung-ki, Baekhyun, and other artists under the agency had entered into so-called "empty lease" contracts at prices higher than the market rate, such as 10.5 billion won and 16 billion won.

In response, Lee Seung-ki told the 'PD Notebook' production team: "(Chairwoman Cha Ga-won) persistently urged us to move into the lease, saying her apartment on the floor above was vacant and she wanted to live close to us and rely on us. We refused several times, but she pleaded that she had nowhere else to rely on. We ended up moving into the lease urgently, and she refused to confirm the exact lease amount, claiming the emotional appraisal was delayed. Immediately after we moved in, she demanded an amount that was more than three times the figure we were initially told."

Regarding this, Cha (Chairman) claimed, "For the past three years, I have covered the interest payments amounting to hundreds of millions of won per month for our artists."

However, 'PD Notebook' reported its findings that "the loan interest was being paid from company funds. For several months now, individual celebrities have been bearing the cost directly."

Lee Seung-ki countered Cha (Chairman)'s claim, stating, "She said she would bear the loan interest until the end. However, she has not even paid the lease loan interest that was promised afterward."

Meanwhile, Lee Seung-ki, Baekhyun, Chen, Xiumin, Lee Moo-jin, and VIVIZ have notified One Hundred Label of terminating their exclusive contracts, stating they have not received their settlement payments.

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*This content was translated by AI.