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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MARCH 23rd SUPPLEMENTARY ELECTIONS: IGP DIRECTS AIGs, CPs IN AFFECTED STATES TO ENSURE ADEQUATE SECURITY.#PRESS RELEASE.

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     PRESS RELEASE
· Deploys 5 DIGs, 3 AIGs and 15 CPs to provide supervision, direction and support in the election
· Seven Hundred and Ninety Six (796) suspects arrested during the gubernatorial/House of Assembly elections
· Warns Politicians against subverting Electoral laws

In furtherance to his stated commitment towards ensuring hitch-free elections in the Country, the Inspector General of Police, Ag. IGP M.A Adamu, NPM, mni has directed the Zonal Assistant Inspectors General of Police and their respective Commissioners of Police in states where supplementary elections are taking place to ensure that adequate mechanisms are in place towards ensuring a safe and secure environment for the conduct of the elections.
To further strengthen the security arrangements around the polls, the IGP has deployed five (5) DIGs, three (3) AIGs, fifteen (15) additional CPs to provide supervision, direction and support to the existing security structure already in place in those States. The DIGs are deployed as follows: DIG Usman Tilli Abubakar, mni – Adamawa State, DIG Yakubu Jubrin, fsi – Benue State, DIG Frederick Taiwo Lakanu, fdc – Plateau State, DIG Anthony Ogbizi Michael, fdc – Kano State and DIG Godwin C. Nwobodo, fdc – Bauchi State. Out of the fifteen (15) additional CPs deployed, three (3) each were deployed to Benue and Sokoto States, two (2) each were deployed to Adamawa, Bauchi, Kano and Plateau States while Imo State got one.
While commending the officers for their sterling performances in previous elections, the IGP charged them to remain patriotic, steadfast, professional, neutral and civil, but firm, in their conducts and actions during the make-up elections. He warned politicians not to undermine the electoral process by engaging in untoward practices such as snatching of ballot boxes, vote trading and violence of all kinds, stressing that violators would be made to face the full consequences of the law.
The IGP also enjoined the public to cooperate with security operatives, noting that a total number of Seven Hundred and Ninety Six (796) suspects were arrested for various electoral offences across the nation. These latest arrests bring the total number of all the suspects arrested in the two last rounds of elections to One Thousand, One Hundred and Nineteen (1,119). The IGP pledges wholesome investigation and diligent prosecution in concert with INEC.
ACP FRANK MBA
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
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