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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EX-GOVERNOR OF ADAMAWA STATE BARR JAMES BALA,HAS BEEN CONVICTED TODAY.{PHOTOS}.

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Image may contain: 1 person                Former Governor of Adamawa State,Barr. James Bala Ngilari who was prosecuted by the Economic and Financial Crimes Commission,EFCC on a 17 count criminal charge bordering on award of contract without due process to the tune of N167.8 million has been convicted by Justice Nathan Musa of the Adamawa State High Court sitting in Adamawa.More details later.One more photo below.
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