HYBE took the opportunity to overthrow Min Hee Jin, NewJeans is just a 'chess piece' to benefit?

Former ADOR CEO Min Hee Jin shared with JoongAng Ilbo about the recent scandals between her and HYBE Group and NewJeans group on September 26.

Among them, Min Hee Jin surprised many people when she revealed that HYBE Group once offered to pay her to leave peacefully. However, the "mother" of NewJeans refused: "If it was for money, there would be no reason for me to go through such a painful and tiring battle. After I won a preliminary injunction at the extraordinary shareholders' meeting in May to remove me from my position, HYBE made an offer that they would pay me to leave. Since money was not the goal, I refused."

After Min Hee Jin's sharing was spread in the media, HYBE Group quickly denied the offer of money for the former CEO of ADOR to leave, which showed that Min Hee Jin was lying.

The group said, "HYBE has never proposed any deal that says 'Take the money and leave'. First of all, HYBE has not made any such proposal to Director Min Hee Jin. It is difficult for us to understand such unreasonable accusations in an interview with the media.

The audit was conducted after numerous reports from both inside and outside the company. The audit results showed that Director Min had been trying to 'take down' the company and the Deputy Director for a long time, and there was evidence that Min had met with investors with bad intentions. In addition, former CEO Min Hee Jin has not yet cooperated with the company's audit process. This issue is currently under police investigation.

Director Min has been given full authority in production and management. During his tenure as representative, Director Min has been given the highest authority in production and management, without interference from anyone, and has received greater benefits and support than any other subsidiary in matters such as purchase options, salaries, benefits, operational support and promotion.

The allegations that a foreign PR firm had distributed derogatory material were completely false, as confirmed by journalists. In addition, Billboard journalist Jeff Benjamin also said that he had never received any derogatory material about Director Min.

"Regarding the disc sales in Japan, there was a mix-up between the shipment and sales figures, which resulted in a distortion of the facts. The article's content stating that 'NewJeans sold 1.02 million copies in Japan alone' was a major distortion, which is explained by the data from the Oricon charts that were publicly available at the time.

The day after the article was published, the Recording Industry Association of Japan confirmed the Gold certification (100,000 copies), but Gold certification is selected based on shipment volume.

The suspension of fan meeting and new album preparations was not due to HYBE's interference, but rather due to CEO Min's irresponsibility and delay in making decisions. ADOR considered using the Seoul World Cup Stadium as the venue for their fan meeting in Korea, but was rejected due to the turf issue. The new management repeatedly requested meetings with Min Hee Jin to discuss alternative plans and a new album, but former CEO Min delayed responding or suddenly took a long-term leave, causing many work delays.

Director Min stated that the proposal to remove the CEO was not on the meeting agenda, but this is also an absurd statement. The items on the board's agenda are not subject to consultation and there is no obligation to notify in advance. However, the ADOR Board of Directors clearly stated the agenda to Director Min three days before the meeting" - HYBE side clarified recent misinformation

HYBE revealed the reason for Min Hee Jin's dismissal: "Regarding the reason for the dismissal, the Board of Directors explained that in addition to the breakdown of the relationship of trust, 'separating the CEO's work from production work is appropriate'.

However, all the surrounding evidence seems to be against HYBE. Previously, in an exclusive interview on September 26 on JoongAng Ilbo, former CEO Min Hee Jin of ADOR Company (managing group NewJeans) accused HYBE Group of spreading slanderous documents about her to foreign media.

Accordingly, Min Hee Jin said: "I received a call from Jeff Benjamin - a journalist from Billboard. He said that HYBE's overseas media company - TAG (The Agency Group PR) sent him a document full of slander about me. Because the content was too one-sided and strange, he wanted to verify the truth from me.

On the surface, they advertised that they had offered me a five-year contract as a producer, but behind my back they spread defamatory material to international media. Who could trust such a company?"

On the same day, HYBE responded, "Min Hee Jin's statement is false. The foreign media company has never released any documents about former CEO Min Hee Jin, and if it makes such a statement, it is a lie. Journalist Jeff Benjamin also responded that he never told Min Hee Jin that he had received defamatory documents."

But on the afternoon of September 26, Jeff Benjamin posted an article on X along with a screenshot of a text message with Min Hee Jin, indirectly confirming that HYBE had sent the document to Billboard.

Jeff Benjamin's move caused HYBE to be criticized by NewJeans fans and Min Hee Jin's supporters for lying and distorting the truth. However, some also pointed out that HYBE only denied sending defamatory documents about Min Hee Jin to foreign media, but did not deny contacting Jeff Benjamin.

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