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...

ANAMBRA GOVT,ARRESTED 25 CHILDREN HAWKING ON THE STREET.{PHOTO}.

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      The Anambra State Government has made good its threat to arrest child hawkers who ply their trade during school hours.
Government had earlier handed out a strict warning, saying that it would not tolerate children who hawk wares during school hours, especially with its free education scheme which is designed to accommodate indigent children.
Commissioner for Social Welfare, Children and Women’s Affairs, Dr. Victoria Chikwelu who led the raid jointly carried out by the government and a non- governmental organization, said not less that 25 children were arrested.
Commissioner Chikwelu warned that Education was a development right of a child and not a privilege, while explaining that the raid showed that government was very serious about implementing the law to the letter to create a child- friendly environment.
She warned parents and guardians who are using their wards or children to make money by sending them to hawk during school hours to retrace their steps or risk prosecution.
On his part, the Chief Executive Officer of one of the partnering organization, Sir Emeka Ejide, stated that the raid on out-of-school child hawkers and those being used for alms begging was a continuous process that will spread to all parts of the state in line with Governor Obiano’s resolve in making 2018 the year of the Anambra child.
He noted that the raid took them to Oye Agu Abagana and Eke Awka markets, explaining that between ten o’clock in the morning and three o’clock in the afternoon, the Ministry captured twenty-five children at different points.
Some of the children who spoke to journalists said they make between N600 and N1,000 daily. One of the children who was being used for alms begging was found with N3, 700, suspected to have been realised from previous day’s business.
They explained that they would love to go to school but because their parents were poor and could not afford their school fees, they sent them to hawk to make ends meet.Others confirmed that they were physically abused, and molested, among other risks, when they hawk sachet waters and other items.
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