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...

YAHAYA AND FALEKE'S SUPPORTERS CLASHED WITH STONES/STICKS AT THE APC SECRETARIAT IN KOGI STATE.

             Today monday,it was reported that supporters of Alhaji Yahaya Bello who was chosen to replace the late Prince Abubakar Audu in this weekend's supplementary election in Kogi state and those of James Abiodun Falake clashed at the APC National Secretariat just as the party was about to begin a meeting with stakeholders in the state to announce their choice.The supporters were seen carrying sticks and stones and throwing it at each other freely with the policemen on ground looking helpless and unable to curtail.Kaduna state governor,Mallam Nasir el-Rufai who arrived the secretariat about the time the supporters were beginning to go violent had to abandon his car at the gate and enter the secretariat on foot.A few seconds later,James Faleke arrived the scene,sparking off the fight between the supporters who started throwing stones at each other,while others carrying sticks started chasing after each other.A detachment of heavily armed mobile policemen had to be drafted to the APC Secretariat to bring the situation under control.The meeting of the party leadership with stakeholder of the party in Kogi state which was earlier scheduled to begin at about 10:00 am however did not start until about 4:00pm.The meeting had in attendance Alhaji Yahaya Bello,James Abiodun Faleke,Nasir el-Rufai who was chairman of the panel that conducted the Kogi governorship primary of the party,Senator Dino Melaye,Senator Mohammed Okhiare among other APC leaders from Kogi state.More photos below.                                                                                                                                                             

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