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 FLAGS OFF 2018 WORLD WATER DAY.

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     Lagos Water Corporation has flagged-off the 2018 World Water Day with Free Water Test campaign at various locations across the metropolis.
Speaking to the LWC Quality Assurance as well as Sales & Commercial Department teams before take off, the Head of the Department, Mrs. Monsurat Banire enjoined the Staff to be worthy Ambassadors of the Corporation, urging them to be polite in answering questions and friendly to all as they are esteemed customers of the Corporation.
She said the three-day event is expected to cover the eight operational regions of LWC, for easy accessibility, adding that “You are expected to take samples of water used in the locations cover irrespective of the source, either it is LWC, borehole or any other.
According to her, the essence is to show the general public the quality of water the Corporation is serving the public compared to what is obtained from other sources such as boreholes.
Banire maintained that LWC distributed water is clean, safe and good for human consumption and urged Lagosians to migrate/connect to it due to conformity with World Health Organisation’s Standard.She said this year’s theme:  “NATURE FOR WATER”, explores how we can use nature to overcome the water challenges of the 21st century, stressing that environmental damage, together with climate change, is causing the water-related crises, floods, drought and water pollution around the world.She cautioned that neglect of our ecosystems makes it harder to provide everyone with the water we need to survive and thrive.
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