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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STRIKE: DOCTOR'S DEMANDS UNREALISTIC-OBASEKI.{PHOTO}.

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    Following plans by the Edo State Chapter of the Nigerian Medical Association (NMA), to embark on strike, Governor of Edo State, Mr. Godwin Obaseki, has said that the state government is making arrangement for private health care providers to offer essential services to patients in state government hospitals, as the demands by the NMA are unrealistic.
Obaseki said this when he received the newly inaugurated members of the Governing Board of the University Of Benin Teaching Hospital (UBTH) at the Government House, in Benin City on Monday.
He said the state government will write to the national body of NMA as the Edo State chapter of the association “has threatened to shut down the health system in the state following their unrealistic demands.”
Obaseki said: “We believe that the doctors’ demands are unrealistic, having been part of the steps taken so far to improve the conditions of service of medical doctors in the state. They see what we are doing and yet have threatened to go on strike because I cannot afford to fulfil 100 per cent of their demands.”
He noted that the doctors are not fair to the state as  “we agree with their demands but cannot afford all the demands now, rather we will spread them across four years of this administration, but the Edo NMA rejected the offer and insists on embarking on strike.“We are looking at various ways to execute our health reforms but will not allow anyone to blackmail us. We have been open, honest and have carried NMA along in all our activities till date. We will be talking to private health practitioners to help us and I have told them that I cannot afford all their requests at once. We are already making backup plans to take care of our people, if we are constrained to.”

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