SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).
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...
The Lagos State AIDS Control Agency {LSACA} has embarked on HIV Counseling and Testing {HCT} sensitization programme among the NAGARI NAKOWA Motorcycle Owners and Riders Association of Lagos State.Speaking at the event held at the salvation playing ground,Epe,the Chief Executive Officer of the Agency,Dr Oluseyi Temowo said it was important to have HIV intervention programmes among the okada riders based on their prevalence in Epe division.He posited that to eradicate HIV in Lagos State by 2030 based on the 90-90-90 initiative,every nook and cranny of the State must be visited to carry out HCT.
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