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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SUPREME COURT PICKS THURSDAY,FOR SENATOR BUKOLA SARAKI'S HEARING.

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                    The Supreme Court decision to hear the appeal this week was contained in the hearing notices sent to parties in the case today.Senator Saraki is challenging the decision of the Code of Conduct Tribunal {CCT} to assume jurisdiction over the false asset declaration charges brought against him by the Code of Conduct Burea {CCB}.The Court of Appeal,in a split decision of two to one upheld that the CCT's jurisdiction to hear the charges,a decision Saraki appealed at the Supreme Court.The Supreme Court had on November twelve directed the CCT to suspend proceedings in the trial pending the determination of the appeal.So now the Supreme Court has picked this week thursday for the hearing on the appeal.One more photo below.                                                                      

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