SEOUL (ANN): South Korean rapper Psy admitted that Low Taek Jho, a Malaysian fugitive involved in the 1MDB scandal, was his friend and that he had attended a dinner gathering arranged by Yang Hyun-suk, head of K-pop powerhouse YG Entertainment. "Regardless of whether he was a good friend or not, it is clear that I was his friend," Psy wrote on his Instagram account on Wednesday (May 29). "When Jho Low and his friends visited Korea, Yang and I were invited to a dinner with them. When Psy met him, Low had a big presence in Hollywood showbiz industry and Psy introduced Low to Yang, the rapper said in the posting. The police have launched an investigation into Yang, who is the founder of YG Entertainment, considered one of the "Big Three" entertainment companies in South Korea.

Source: The Star May 31, 2019 02:26 UTC