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...

GOV. WIKE ACCEPTS TO SEEK RE-ELECTION,PLEDGES TO DEFEND RIVERS STATE FROM RAMPAGING BUSINESS PARTNERS.{PHOTOS}.#PRESS RELEASE.

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     Rivers State Governor, Nyesom Ezenwo Wike has declared that he will seek re-election in 2019, citing the support of youths from the 23 Local Government Areas as the principal reason for his declaration.
The governor also acknowledged the endorsements from women, elders, ethnic nationalities and non-indigenes from the 23 Local Government Areas as yet another reason to fight for protection of the state, post-2019.
He spoke before commissioning the Secretariat of the One Million Youths for New Rivers State in Port Harcourt on Saturday.
Governor Wike said: "I want to tell you that I am prepared for that election (2019). Since the youths are the ones saying that I should come out to contest, I am ready to come out.
"Let the security agencies know that we are prepared. When they are thinking of shooting, they will fall asleep, until the elections are over and we are declared winners".
Governor Wike stated that alongside other well-meaning Rivers people, the business partners struggling to snatch the state for their pecuniary benefits would be defeated in 2019.
"We will not allow two business partners to take over this state. We are aware in Rivers State. Nobody can do to this state the charade that is obtainable in Lagos State.
"People intentionally sold key assets of Rivers State to themselves and now they want to take more through business partnership. They sold to themselves the gas turbines, sold to themselves Olympia Hotel and Abonnema Wharf. If we allow them, they will sell the whole GRA to themselves. They should know that we are prepared", Governor Wike said.
The governor said though nobody is against anyone preaching zoning, the will of Rivers people will prevail in 2019 .
The governor announced that 7000 qualified persons will be employed into the State Civil Service, noting that over 70 percent of those to be employed will be youths.
He also stated that youths will take more than 70percent of the 10,000 and 4000 non-academic staff to be employed by his administration.
Coordinator of One Million Youths for New Rivers State, Mr Ehie Edison said that the movement was borne out of passion and necessity.
He said that the movement is aimed at ensuring that darkness does not take over the state again. He stated that Rivers Youths will defend their votes in 2019 and also work for the victory of Governor Wike.
Former Minister of Sports, Dr Tammy Danagogo praised the One Million Youths for New Rivers State movement for their resounding impact across the state.
"You have joined others to support Governor Wike for re-election. We will support the governor 2019 to 2023", he said.
Rivers State PDP Chairman, Bro Felix Obuah appreciated the youths for their overwhelming support for Governor Wike. He said as an unbiased umpire, the party will flow with the desire of her members.
A special award was presented to the Rivers State Governor by the Secretary of the One Million Youths for New Rivers State, Mr Major Jack, while the body presented a cheque to Governor Wike to support his re-election campaign.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.  
1st September, 2018.
More photos below.
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