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 EFCC today,Tuesday,July 11,2017,arraigned a serving National Industrial Court Judge,Justice Agbadu James Fishim,before Justice Raliatu Adebiyi of Lagos State High Court,sitting in Ikeja on a 19 count charge bordering on unlawful enrichment to the tune of N4.7 Million.The defendant,Justice Agbadu James Fishim is alleged to have received monies from different lawyers and SANs in the course of discharging his duties as a judge,which he could not account for.After arraignment and argument and plea for granting of accused on bail,Justice Adebiyi,admitted him on bail with conditions and adjourned the matter to November 11,12 and 13,2017,for trial.More photos below.

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