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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STREET TRADING: LAGOS PROVIDES CORNER SHOPS AS ALTERNATIVE+INAUGURATES MARKET SANITATION TASK FORCE TODAY.

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 No automatic alt text available.                The fight against eradication of street trading withing Lagos Central Business District has received a boost with the introduction of thirty corners shops donated by Mikano International Limited.Receiving the corner shops at Onikan Lagos,the Special Adviser to the Governor on Central Business Districts,Mr. Agboola Dabiri commended the gesture of Mikano in living up to their social corporate responsibility and warned traders who display their wares on the roads and walkways to desist henceforth.He said ''Lagos State Government has now provided an alternative to selling on the streets and walkways in the area and will not tolerate the continuous display of wares on streets and walkways any longer''.Meanwhile,the State Government has also inaugurated the Central Business District Market Sanitation Task Force as part of efforts to ensure a cleaner maarket environment across the Lagos Island business district.
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