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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GOV. ORTOM PICKS PDP NOMINATION FORM, THANKS SUPPORTERS.#PRESS RELEASE.

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      Governor Samuel Ortom yesterday picked the Peoples Democratic Party, PDP expression of interest and nomination forms to contest the 2019 Benue State governorship election.
The Governor thanked the leadership and members of PDP for the opportunity given him to seek the party's ticket for the coming election.
He also appreciated his teeming supporters across the state, urging them to remain peaceful and sustain the spirit of politics without bitterness as they have been doing.
Governor Ortom also thanked Benue people for their prayers and goodwill, promising not to disappoint them.
Terver Akase
Chief Press Secretary    
September 1, 2018.
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