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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TEMPORAL CLOSURE OF IBADAN BOUND CARRIAGEWAY FROM MAGBORO TO KARA & IBAFO,FROM 22-24 MAY,2019.#PRESS RELEASE.

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    TRAFFIC ALERT FROM THE FRSC OGUN STATE COMMAND  ISSUED ON WEDNESDAY 22 MAY 2019 ON THE TEMPORARY CLOSURE OF ONLY THE IBADAN BOUND CARRIAGE WAY OF THE  LAGOS  - IBADAN EXPRESSWAY FROM MAGBORO TO KARA AND IBAFO TO ENABLE JULIUS BERGER NIG PLC LAY ASPHALT ON THAT SECTION OF THE ROAD 

This is to inform the motoring public  that Julius Berger Nigeria PLC, currently rehabilitating the Lagos - Ibadan Expressway, would be temporarily closing  only the Ibadan bound carriageway from Magboro to Kara and Ibafo,  scheduled to commence from  Wednessday 22  May ,2019 and reopened on Friday 24  May ,2019.

The temporary closure is to lay a section of 400m of wearing asphaltic surface on the affected section of the corridor. 

The closure would not affect traffic inbound Lagos around the affected road, but would narrow the carriagway which is expected to build up traffic around the mentioned sections . 

The FRSC Sector Commander Clement Oladele has advised motorists to note the occurence and plan their trips, while those using the corridor within the period should obey all traffic rules and regulations, including refraining from driving againgst traffic ,as violators are liable to be apprehended for dangereous driving which attracts the fines of fifty thousand naira (N50,000) and impoundment of the erring vehicle . 
The FRSC working with sister traffic agencies will maintain visibility to ease the traffic discomfort the temporary closure of that section of the corridor would cause.

Motorists can report any traffic emergencies to the FRSC  toll free number 122.

Signed 
Route Commander Florence Okpe
Public Education Officer ,Federal Road Safety Corps
Ogun State Sector Command 
For: Sector Commander, Federal Road Safety Corps, Ogun State Command
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