"Give Me 10% of Company Revenue or I’ll Stay Silent"… Narae Park’s Former Manager Detained and Referred to Prosecution

Also Suspected of Embezzling 30 Million Won in Company Funds
Another Former Manager Referred Without Detention

The former manager of broadcaster Narae Park has been arrested and referred to the prosecution on charges including attempted extortion after demanding a large sum of money in exchange for not revealing allegations of Park's personal use of company funds.

Entertainer Narae Park was seen leaving Gangnam Police Station in Seoul on February 20 after being questioned by the police, responding to questions from the press. Photo by Yonhap News

According to Yonhap News Agency on the 21st, the Yongsan Police Station in Seoul transferred Park's former manager, surnamed Shin, to the prosecution earlier this morning on charges of attempted extortion and embezzlement. Shin was arrested on July 16.

Shin is accused of demanding an amount equivalent to 10% of the company's 2024 revenue from Park's side, threatening to expose allegations that Park used company funds for personal purposes, including for her ex-boyfriend.

Shin has also been charged with embezzling approximately 30 million won in company funds. Police also referred another former manager, who is suspected of attempted extortion, to the prosecution without detention.

The dispute between Park and her former managers became public in December last year. The two former managers filed a complaint, claiming that during their tenure they suffered verbal abuse and workplace harassment from Park, and that they were injured after being hit with a glass for refusing to drink alcohol.

They also alleged damages, including having to run medical errands such as proxy prescriptions and not receiving event-related payments, seeking compensation of about 100 million won and initiating a provisional real estate seizure against Park.

In response, Park's side filed a counter-complaint, stating the former managers demanded an additional large sum after receiving their severance pay, and accused them of attempted extortion. Park's side also accused them of occupational embezzlement over approximately 30 million won in event funds received in a separate corporate account.

The former managers acknowledged receiving the funds to a corporation they operated, but have denied the embezzlement charges, stating the payments were processed with Park's agreement.

Meanwhile, on July 10, the Gangnam Police Station in Seoul referred Park to the prosecution without detention on charges of aggravated assault and violations of the Information and Communications Network Act. It has been reported that Park denied the allegations during the police investigation.

This content was produced with the assistance of AI translation services.