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...

LAGOS TO PARTNER EKITI STATE ON LAW REFORMS.#PRESS RELEASE.

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     Lagos State Government has expressed readiness to partner with its Ekiti State counterpart to exchange ideas on law reforms and other areas of public jurisprudence.
The State Attorney-General and Commissioner for Justice, Mr. Adeniji Kazeem disclosed this on Thursday while welcoming a delegation on working visit from Ekiti State Ministry of Justice to the Ministry at Alausa, Ikeja.
Kazeem, represented by the State’s Solicitor-General/Permanent Secretary, Mrs. Funlola Odunlami said the Lagos State government was always ready and willing to partner others to help improve the judicial system in the country.
Earlier, the delegation from Ekiti State led by the State’s Attorney-General and Commissioner for Justice, Mr. Olawale Fapohunda said the purpose of the visit was to tap from the experience of Lagos State Ministry of Justice in the area of Domestic Violence, Prosecution methods and other judicial matters.
He explained that the contingent was sent by the State Government to understudy the Lagos State’s litigation processes, its advisory services and other areas that can advance Ekiti State’s judicial system.
Fapohunda expressed satisfaction with the already existing developmental relationship and cooperation between the two States, saying that the visit will serve as an eye-opener to Ekiti in its dispensation of justice to the citizens of the State.
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