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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GOVERNOR AMBODE HOLDS 4TH TOWN HALL MEETING IN BADAGRY TODAY.{PHOTOS}

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                        The Lagos State Governor Mr Akinwunmi Ambode today tuesday said hiss administration has concluded plans to massively revamp the health sector,just as he among other things,revealed that the sum of N10bn has been earmarked to upgrade the health facilities across the state.Governor Amode,who spoke at the 4th Quarterly Town Hall Meeting held at the Muslim Community Praying Ground in Badagry,said modern equipment would be procured to facilitate treatment,while government would also invest massively in capacity building of the medical staff,all in a bid to provide world class health care for the citizenry.Governor Ambode said ''We have commenced a comprehensive action to rehabilitate and upgrade the facilities in all our hospitals.Modern equipment will be procured to facilitate treatment and we will invest in capacity building of our medical staff.We intend to spend over N10bn on our hospitals across the State before December this year.We will recruit and train medical professionals in areas of rare specialization and special needs''.More photos below.                                                                                                                    

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