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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COLLAPSED BUILDING: BOLANLE AMBODE CONDOLES WITH VICTIMS FAMILIES.#PRESS RELEASE.

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     Wife of the Governor of Lagos State, Mrs. Bolanle Ambode has described the collapsed building incident which claimed the lives of some school pupils at Ita-Faaji as a very unfortunate and sad incident, just as she sent her condolences to the families of those who lost their loved ones in the incident.
Mrs. Ambode lamented the tragic death of the young school pupils describing it as heartrending and prayed for the quick recovery of survivors of the incident.
"As a mother, I feel pained and sad that little pupils in the course of education should meet such a tragic fate”, she said.
Bolanle noted that such a sad occurrence could be averted if property owners adhered strictly to building codes guiding the infrastructure development, stressing that lives were too precious to sacrifice for economic gains.
The First Lady fervently prayed that God comforts the families of the deceased children, quick recovery for the injured and for a stoppage of such tragic occurrence in the State and the entire country.
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