Sung Si-kyung's Sister Receives Suspension of Indictment for Operating Unregistered One-Person Agency
SK Jaewon: "Unaware of Registration Obligation"
Charged with Violating the Act on the Development of the Public Culture and Arts Industry
The sister of singer Sung Si-kyung and his agency have received a suspension of indictment after being investigated on suspicion of operating a one-person entertainment agency without registering with the Ministry of Culture, Sports and Tourism.
According to the legal community on May 15, the Seoul Southern District Prosecutors' Office issued a suspension of indictment for Sung's sister and the agency SK Jaewon, who had been referred without detention on charges of violating the Act on the Development of the Public Culture and Arts Industry. Suspension of indictment means that while the suspicion is acknowledged, the prosecution does not proceed with an indictment, considering the seriousness, motive, outcome, and circumstances of the offense.
Singer Sung Si-kyung is delivering a greeting at the production presentation of KBS's "The Seasons - Sung Si-kyung's Ear Friend," held on March 27 at the KBS Art Hall in Yeongdeungpo District, Seoul. Photo by Yonhap News
View original imageSung's sister and the corporation were accused of operating SK Jaewon without registering as a public culture and arts planning business with the Ministry of Culture, Sports and Tourism. SK Jaewon is a one-person agency with Sung’s sister as CEO.
The police decided not to refer Sung himself to the prosecution, stating that there was insufficient evidence to conclude he was directly involved in the agency’s operations.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
At the time, SK Jaewon explained that after establishing the corporation in February 2011, they were unaware that the obligation to register was newly introduced when the Act on the Development of the Public Culture and Arts Industry was enacted in 2014. Under current law, operating an agency without registering with the Ministry of Culture, Sports and Tourism can result in imprisonment for up to two years or a fine of up to 20 million won.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
