Former ADOR CEO Min Hee-jin Cleared of Breach of Trust Charges; HYBE Plans to Appeal
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Former ADOR CEO Min Hee-jin has been acquitted of the occupational breach of trust allegations made against her by HYBE following more than a year of legal proceedings. The Yongsan Police Station in Seoul decided on Monday not to send the case to the prosecution, according to a Soompi report. It stated that there was no reason to believe a crime had been committed. After this, Hee-jin's spokesman released a statement. Furthermore, HYBE stated that it would appeal this ruling.
Min Hee-jin found not guilty of professional misconduct
Following this choice, Hee-jin's representative said in a statement that "Last April, HYBE filed a criminal complaint against former CEO Min Hee Jin on charges of occupational breach of trust." The police investigation, which lasted over a year, concluded that former CEO Min Hee Jin was not guilty of any wrongdoing in connection with these allegations. We would like to let you know that the police have chosen not to bring either of the cases that HYBE reported to the prosecution, stating that there is no evidence of any crime.
What HYBE's response to the choice has been
"Our company plans to immediately file an objection with the prosecution today," HYBE stated in its statement. It went on to say that since the police investigation, "new developments have occurred" and "new pieces of evidence submitted in related court proceedings". The Seoul High Court, which handled the injunction, also decided that Hee-in "is in a position of intentionally destroying the integrated structure that was the premise of the exclusive contract," HYBE added. It continued, saying that it would "contest the non-indictment decision through the objection process".
Now what HYBE intends to do
The case that Hee-jin brought against five members of HYBE's management in July of last year for occupational breach of trust will not be sent to the prosecution by the investigating authorities, according to HYBE. "The authorities determined that HYBE's claims 'are not easily regarded as false', 'do not appear to have been made with the intent to slander, as they concern the public interest' and that 'the KakaoTalk conversations were obtained through legitimate authority during the audit process,'" the statement said.
In 2024, what transpired between Min Hee-jin and HYBE?
Heeren, who was the CEO of ADOR at the time, was the subject of a criminal complaint filed by HYBE in April of last year, alleging breach of trust and attempted takeover of management authority. She had rejected the accusations, claiming that a takeover of management control was impossible since HYBE, as the majority shareholder of ADOR, held 80% of its shares.
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