SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

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 South Korean police seek arrest warrant for Hybe chairman Bang Si-Hyuk over alleged $100 million investor fraud scheme    South Korean police are seeking an arrest warrant for Bang Si-Hyuk, the billionaire music executive behind K-pop powerhouse Hybe and BTS, as part of an expanding investigation into allegations that he improperly benefited from an investor scheme involving more than $100 million. Authorities said they have asked prosecutors to pursue a court warrant for Bang’s arrest as they continue probing claims that he misled investors in 2019. Investigators allege he told investors that Hybe had no plans for an initial public offering, leading them to sell shares to a private equity fund. The company later went public, and police suspect a separate arrangement may have resulted in Bang receiving a substantial payout tied to post-IPO stock profits. Bang’s legal team has not directly addressed the specific allegations but said he has cooperated with investigators an...
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THE AFRICAN CUP OF NATIONS WILL NO LONGER HOLD IN MOROCCO-CAF.

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                   Morocco has been disqualified from hosting the African Cup of Nation,as announced by the Confederation of African Football {CAF} yesterday tuesday.CAF,refused a request from the Moroccan government to post pone the tournament early next year because of fears over Ebola virus.CAF said it had received some applications to replace Morocco but did not say where the JAN-17 FEB 8 tournament could now be held.''Having firmly and unanimously notified on November 3,its decision to keep the competition on the dates indicated the executive committee confirmed that the Orange Africa Cup of Nations 2015 will not take place in Morocco.The CAF executive committee has decided that the National team of Mrocco is automatically disqualified and will not take part in the 30th Orange Africa Cup of Nations in 2015''.

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