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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COSON,DISTRIBUTES ROYALTIES TO MUSICIANS TODAY IN LAGOS.

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                        Today tuesday December the 16,2014,Copyright Society of  Nigerian,popularly known as Coson,distributed royalties to over 2000 musician round Nigeria.The annual Extral Ordinary General meeting was held at the Lagos Airport Hotel Ikeja,and old and upcoming musicians like Majek Fashek,Pa Ajilo,Kenny Saint Brown etc,attended the meeting.Though music artist was expecting more than the usual they collect because of all the billionaire suite Coson has won because most of the organizations prefer to settle out of court.Tony Okoroji,the head of Coson,explained that why the money is not as much as music artist expected these year is because,more musicians registered under Coson and that caused the money  not to be as much as we musicians expected.More photos below.                                                                                  

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