On April 23, Ilgan Sports unleashed a bombshell interview with ADOR CEO Min Hee Jin.
Min Hee Jin | Pinterest
This is the newest interview with the CEO that has been published since her fallout with HYBE became public.
Dispatch Unleashes Shocking Details About ADOR Min Hee Jin’s HYBE Coup
In her interview, the CEO makes it very clear that she has never tried to steal HYBE’s equity in ADOR and rebuked claims accusing her of seeking foreign investments. The CEO also denied rumors that she tried to break off from HYBE.
I have never met with any investors to seize HYBE’s management rights (in ADOR). I have never tried to steal executive rights like HYBE claims. How can I do that with my 18% equity (in ADOR)? Because HYBE has 80% equity, it is impossible for me to seize the management rights. It is also impossible for ADOR to leave HYBE without their consent. It is hard to understand why HYBE is claiming the impossible.
— Min Hee Jin
Min Hee Jin then emphasized that the only reason HYBE is pushing for her resignation was because she had brought up issues with the company internally.
It is because I brought up internal issues a month ago. Once I brought up several issues that came to light after ILLIT copied NewJeans, I suddenly received notice that HYBE was trying to terminate me.
— Min Hee Jin
Min Hee Jin then lamented the timing of HYBE’s feud with her and their media play. The CEO continued rejecting all of HYBE’s claims and questioned the label’s intentions behind them.
I am surprised by HYBE for doing this during a very important time for NewJeans. All of this happened within 4 days of making a complaint. I also wonder has there ever been a case that a company publishes articles during an audit before it has even yielded results? What was the reason that they needed to make these false articles that nothing to do with what I was actually complaining about?
— Min Hee Jin
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