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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LAGOS COMMISSIONER BAGS NIM FELLOWSHIP AWARD.

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    The Lagos State Commissioner for Home Affairs, Dr. Abdulhakeem Abdullateef has been conferred with the highest professional membership grade of the Nigerian Institute of Management, NIM, at the Institute 2017 Awards, Fellows and Spouses' Day Luncheon held at City Hall, Lagos on Thursday.
Speaking at the during the presentation of the NIM Fellowship Award to the Commissioner, the President and Chairman of Council of the Nigerian Institute of Management (Chartered), Emeritus Prof. Munzali Jibril, stated that the process of upgrading members to Fellow is rigorous and painstaking, which is why only those who are truly deserving of the award get honoured each year.
Prof. Jibril implored Dr. AbdulLateef and other recipients not to be contented with just adding FNIM appellation to their names but to see it as a call to higher responsibility and service to the Institute, the management profession and the Nation at large.
In his words, “From today onward, each of you is expected to devote more time, talent, treasure and thinking to the service of the Institute and mankind”.
In his acceptance speech, Dr. Abdullateef noted that his undying passion for the acquisition of knowledge and excellence was his propellant.
According to him, “I feel great and honoured as a fellow of the Nigerian Institute of Management (Chartered). Political opportunities will come normally but my charge to political office holders is to be truthful to themselves. What you don't have you cannot give.”“You need to go ahead and acquire more skills through organizations like this to deliver on your electoral mandate”, he advised.


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