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...

PDP DEMANDS FOR THE UNCONDITIONAL RELEASE OF BUBA GALADIMA.{PHOTO}.#PRESS RELEASE.

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       February 24, 2019
Press Statement
The PDP Demands For The Unconditional Release of Buba Galadima
The attention of the Peoples Democratic Party has been drawn to the arrest of a pro-democracy activist, Buba Galadima, by the Department of State Security.
We as a party condemn this arrest in the strongest possible terms. Buba Galadima is a patriot. His patriotism has been previously and strongly highlighted by various Nigerians, including President Muhammadu Buhari.
What crime has he committed? I answer my own question and say none. Mr. Galadima is constitutionally guaranteed a right of freedom of speech and freedom after the speech.
The nation is currently boiling with the deaths caused by thugs of the All Progressives Congress. Not one of these thugs has been arrested by the DSS. The nation was embarrassed by drone images of bullion vans laden with cash driving into the home of the National Leader of the APC and no action has been taken by the law enforcement authorities. Yet a patriot and pro-democracy activist is arrested.
We cannot be hoodwinked by the puppeteering of the DSS by the APC. It is obviously no coincidence that the APC Presidential Campaign Council called for the arrest of Mr. Galadima at 12 noon today (Sunday the 24th of February, 2019) and the arrest was duly effected by the DSS an hour later.
This arrest is only the latest in a pattern of anti democratic actions by the Muhammadu Buhari administration.
Nigeria will not be cowed. We have voted for democracy and as a nation, we will not be taken back to Egypt by the discredited blame centred anti democratic forces who have turned a once thriving economy into the world headquarters for extreme poverty.
I call for the immediate release of Mr. Buba Galadima by the Department of State Security, even as I remind the DSS and other security agencies, that their oath of allegiance was sworn to Nigeria and not to the All Progressive Congress or President Muhammadu Buhari.
Signed
Prince Uche Secondus
National Chairman
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