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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NIGERIAN TROOPS ARRESTED A NOTORIOUS GUN-RUNNER IN KADUNA.{PHOTOS}.

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     Troops of Mobile Strike Team II deployed in Kaduna arrested a notorious gun runner and recovered 2 AK 47 assault rifles with 38 rounds of 7.62mm special while on clearance operation at suspected armed bandits hideout in Rigachikun general area of Kaduna State on 19 March 2018. Due to criminal activities taking place at the Rigachikun forest and environ the Army placed high surveillance in the general area to deny criminal freedom of operation. The success recorded so far is a proactive measures taking by the Army to dominate the general area and fish out criminals that are carrying out kidnapping, armed robbery and cattle rustling.
Brigadier General Texas Chukwu   
Director Army Public Relations 
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