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 HAILS ADELEKE'S TRIUMPH AT OSUN GUBER TRIBUNAL.{PHOTOS}.#PRESS RELEASE.

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        March 22, 2019
Press Statement
The Peoples Democratic Party (PDP) hails the verdict of the Osun State Governorship election tribunal, which upheld the victory of its candidate, Senator Ademola Adeleke, describing the judgement as a victory for democracy and the will of the people.
The judgment is a clear indicator that those who set out to destroy our democracy can never triumph and that no matter how evil and injustice appear to thrive, the truth must always prevail at the end of the day.
Nigerians have accepted democracy as a way of life and a form of government that suits the multi-plurality of our nation.
The spontaneous jubilation that greeted this judgment is therefore a direct indication that it is in consonant with the wishes and aspiration of Nigerians across the board.
For those who have been desperate to destroy our democracy, this judgment has proven to them that their shenanigans will always come to no avail.
The PDP commends the judiciary for standing upright in the defence of democracy and for ensuring that those involved in the rapacious desecration of our democratic norms will never succeed.
This verdict, which reverberates across our nation, points to the fact that the truth will always prevail and that our party, the PDP, will recover all our stolen mandates in the 2019 general elections, particularly, the Presidential mandate, which Nigerians freely gave to our candidate, Atiku Abubakar.
Furthermore, all our candidates who have already won their elections, but whose victories are being manipulated by anti-democratic forces, must take solace in the words of the Osun election petition panel, that once valid votes have been declared and a winner emerges by majority of votes, a rerun is illegal
The PDP congratulates Senator Adeleke, the good people of Osun state as well as all lovers of democracy across our country for the triumph of justice over impunity, abuse of electoral processes and unfettered political rascality.
Signed:
Kola Ologbondiyan
National Publicity Secretary
And
Director, Media & Publicity
PDP Presidential Campaign Organization.
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