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...

5 BOKO HARAM RANSACKED MILITARY BASE IN YOBE BUT MET THEIR WATERLOO.{PHOTOS}.#PRESS RELEASE.

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      Five members of Boko Haram terrorists (BHTs) have met their waterloo as they along with others (BHTs) attempted woefully to ransack a military base at Buni yadi, in Gujba Local Government Area of Yobe State at about 06:05 hours (pm) on Saturday the 16th of February, 2019.
Though, the terrorists appeared prepared for the attack as they approached the military location with 4 gun trucks,1 Mine Resistant Ambush Protection,1 MOWAC and assorted arms and ammunitions, they, however, suffered heavy losses as five of the bandits/terrorists were effectively deleted, 9 x AK 47 rifles, 1x Anti Aircraft gun, 121 rounds of 12.7 mm Anti Aircraft ammunitions, 2x 36 hand grenades, 295 rounds of 7.62 mm special ammunition, 4x Improvised Explosive(IED) Device, 1x IED cylinder, 1x RPG bomb, 1x RPG bomb charger, 1x gun truck and 1x Bajaj Motorcycle were recovered.
Unfortunately, an officer and 3 soldiers have lost their lives during the encounter. While 5 soldiers were wounded, are stable and receiving treatment in the Brigade Field Ambulance.
The Chief of Army Staff Lieutenant General Tukur Yusuf Buratai has already commended in general terms, the successes being recorded by troops in recent times, in the various operational arenas especially in the North East and enjoined all personnel to remain resolute, alert and decisive as well as professional in the discharge of onerous national assignment.
Nigerian Army hereby expressed appreciation to all those who passed timely credible information that aided the successful abortion of this obviously deliberately attempted attack on troops position in Buni Yadi.
SAGIR MUSA
Colonel
Acting Director Public Relations
17 February, 2019.
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