'Bonghwangdae' side "Change the cast as Lim Chang-jung's suspicions have not been resolved"

Singer and actor Lim Chang-jung, who is suspected of stock price manipulation, was excluded from the event lineup where he was scheduled to appear.

Regarding Lim Chang-jung's absence from the lineup, an official from '2023 Bonghwangdae Music Square' told Ten Asia, "The cast has been changed because the suspicions about Lim Chang-jung have not yet been resolved," and "An unspecified number of visitors are gathered. “As there may be investors among the visitors, we also took into consideration the safety issues of the performers,” he said. He added, “This was a matter decided after amicable discussions with Lim Chang-jung’s side.”

Initially, Lim Chang-jung, Kim Hyun-jung, and Jang Bo-yoon were listed in the lineup of invited singers for the event on the 12th, but Lim Chang-jung's name was omitted from the poster currently posted on the official website of the Gyeongju Cultural Foundation, and So Chan-hwi and Park Mi-kyung took his place.

Meanwhile, Lim Chang-jung is recently suspected of participating in stock price manipulation related to the 'stock price crash' originated by the foreign securities company Societe Generale (SG) Securities. Lim Chang-jeong, who complained that he was unaware of the stock price manipulation, is claiming that he is also a victim, saying that he ended up in debt worth 6 billion won.

Choi Ji-ye, Ten Asia Reporter wisdomart@tenasia.co.kr