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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OBASEKI PROFFERS TRANSNATIONAL COALITION TO END ALL FORMS OF SLAVERY.

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Image result for obaseki                  The Governor of Edo State, Mr. Godwin Obaseki, has proffered transnational partnerships between state and non-state actors as the only way to end slavery in all its forms.
Obaseki made the proposition on the occasion of the commemoration of the International Day for the Remembrance of Slave Trade and its Abolition on August 23, 2017, a day set aside by the United Nations Educational, Scientific and Cultural Organization, to memorialize the Transatlantic slave trade.
Obaseki said that while “the transatlantic trade in human beings ended over 200 years ago, slavery has refused to go away as it still thrives in several other forms, with millions of children, teenagers and even adults, sold daily across the world by human traffickers to greedy masters and mistresses who use them for cheap labour and illicit sex trade.”
He decried the negative backlash of human trafficking on the society which includes the erosion of age-old progressive values such as hard work, integrity, and self-worth and emphasized that international coalition and partnership is needed to put an end to the dehumanizing practice.
“In Edo State, our administration is committed to the fight against human trafficking as many Edo youths have lost their lives to the illicit trade. We have set up an Anti-human Trafficking Task-force, to go after human traffickers in the state,” Obaseki said.
He further said that his administration had thrown its weight behind the federal government’s plan to extend the whistle-blowing policy to human trafficking.The International Day for the Remembrance of the Slave Trade and its Abolition had its maiden celebration in Haiti on August 23, 1998.
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