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...

LAGOS STATE GOVT,ASSURES FARMERS TODAY OF ADEQUATE SECURITY.{READ}.

No automatic alt text available.                The Lagos State Government has assured farmers in the State of government's readiness to tackle the scourge of kidnapping by providing adequate security to ensure safety of lives and property.
This assurance was given today by the State Deputy Governor,Dr Idiat Adebule,who represented the Governor during a meeting with representatives of farmers and community leaders of Igbodu/Isiwo axis of Epe area of Lagos who had staged a peaceful protest to the Governor's Office to demand government's intervention in the area.
Adebule expressed her displeasure with the development,stating that in spite of government's effort to make the State safe and livable for residents and investors,some unscrupulous persons still engage in criminal activities in order to make life difficult for their fellow human beings.''Let me assure you that the State Government is not resting on its oars.We are doing all we can to guarantee the safety of lives and restore peace in the area.Currently,the State government is speaking with the Federal Government to see how they can work with us to combat the problems of insecurity because we cannot do it alone.We sympathise with you and we beg for your understanding.I will relay your complaints to Governor Ambode for further and appropriate action on the matter,'' Adebule said.
Mr Ayokunle Ore,a spokesperson for the group said that their farms had been under sustained attacks by kidnappers since September 2016 and urged the State Government to seek the support of the Federal Government to extend the mandate of the Joint Taskforce {JTF} to Igbodu/Isiwo axis of Epe to curtail the high rate of kidnapping in the area.While thanking the State Government for finding time to meet with them,he pleaded that the issue of kidnapping in the area needs to be handled as a matter of urgency as their investments have been going down the drain and their lives at risk.
In his words: ''With the desire to contribute our quota to national food security and sufficiency,we have invested our lifetime savings and borrowings from banks to establish farms in the agricultural belt.
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