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...

BOLANLE AMBODE ADVOCATES FOR THE ERADICATION OF FEMALE GENITAL MUTILATION BY 2030.{PHOTO}.

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      Wife of the governor of Lagos State, Mrs. Bolanle Ambode, has expressed optimism that Female Genital Mutilation could be stamped out of Africa by 2030 if all individual and institutional stakeholders worked together towards achieving the objective.
Speaking at a ceremony organised to mark this year’s International Day of Zero Tolerance for Female Genital Mutilation (FGM) in Alausa, Ikeja, Mrs. Ambode noted that, although the practice was well entrenched in the continent, with some countries recording up to 90% prevalence among girls and women, the situation was not hopeless if the current advocacy was sustained or increased.
According to her, “The pace of penetration of awareness seems slow because the practice is an ancient one, deeply rooted in our various cultures but that does not make our efforts fruitless. Though progress may be slow, we are going somewhere as rural women, mothers and young girls, are becoming aware of the severe health implications of the barbaric practice”.
“A Few years ago, many women, even some educated ones, saw it as a normal and socially acceptable practice but the story is fast changing, as awareness is getting mileage and rural women are now campaigning against it”, she declared.
The governor’s wife implored governments to fight the practice with direct legislation, in the manner they are doing with some other wicked anti-female practices.
She reminded everyone that FGM constituted an extreme form of discrimination against women and girls, directly violating their rights to health, security and physical integrity, wondering why women should be subjected to such life-threatening dehumanization.
She contended that mothers, fathers and NGOs, must continue to voice their concern and governments must put in place the right statutes, for total eradication of the practice in our country and the continent by 2030.Recall that February 6 of every year, was set aside by the United Nations as the International Day of Zero Tolerance for Female Genital Mutilation across the world.
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