The allegation was first made Thursday by SM’s co-CEO Lee Sung-soo, also the founder’s nephew, when he posted a video to YouTube exposing his uncle’s alleged offshore tax evasion.
He added that SM’s contract with the Hong Kong-based company remains solid even after SM ended its business contracts with Like Production last year. HYBE K-pop groups BTS and NewJeans, SM Entertainment K-pop groups EXO and Girls’ Generation. Images: Twitter/@BigHit_Music, NewJeans’ official website, Twitter/@weareoneEXO, Twitter/@GirlsGeneration
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