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...

ABUJA AIRPORT CLOSURE WILL BE 6 WEEKS & ONLY 6 WEEKS NO MORE-MINISTER OF STATE AVIATION.{PHOTOS}.

Image may contain: people sitting and indoor                  HMIC,Alhaji Lai Mohammed,Minister of Transportation,Representative of Minister of Works,Minister of State Aviation,Inspector General of Police,are currently addressing a Press Conference to formally announce the closure of the Abuja International Airport.Minister of Aviation said ''The Abuja Airport closure will be 6 weeks and only 6 weeks n more.Government is still talking with Turkish and Lufthansa airlines to confirm if they are coming into Kaduna.Foreign airlines like Ethiopian airlines have not only indicated interest in using the Kaduna airport but also coming with a new plane.We are having every 2.5kil covered by armed men''.The Inspector General of Police said ''Due to the emergency of this Abuja airport closure,we want to assure Nigerians and foreigners of adequate security measures.We have deployed patrol vehicles along Kaduna-Abuja express road.We have also deployed helicopters for surveillance to ensure effective security''.One more photo below.
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