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...

HOW LAGOS WILL ACHIEVE UNIVERSAL HEALTH COVERAGE,BY SANWO-OLU,AT THE AFRE-HEALTH SYMPOSIUM TODAY.{PHOTOS}.#PRESS RELEASE.

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      Lagos State Government has reiterated its commitment to strengthening public health research and boosting the capacity of healthcare workers towards achieving the Item 3 of the Sustainable Development Goals (SDGs).
Governor Babajide Sanwo-Olu, on Wednesday, spoke at the yearly symposium of the African Forum for Research and Education in Health (AFREhealth) where he assured the audience of his administration’s willingness to pursue actions and policy frameworks that’ll help the state improve on universal health coverage indices.
The week-long event with the theme: “Strengthening Health Research Education and Service Delivery for Achieving SDGs in Africa”, was held at the Lagos Continental Hotel on Victoria Island, Lagos.
The participants comprised health researchers, policymakers and stakeholders drawn from various African countries and America.
In demonstration of his commitment to improve the quality of healthcare in Lagos, the Governor disclosed that he would be appointing a cabinet-rank official that would constantly monitor the state’s performance in realising SDGs, particularly the Goal 3, which is to ensure universal health coverage and elimination of inequality.
He said: “The theme of this symposium is not only critical and important to my administration’s development agenda, it is also an important topic to us as human beings. I am delighted to listen to the content of lead papers presented, which brought out new ideas on how we can strengthen health coverage. I believe inter-professionalism is also critical in driving the conversation.
“This discussion can be profound at this point in time when all government leaders are putting SDGs as critical anchor to drive policies in Africa. Lagos takes healthcare as a priority and if Lagos gets it right, Nigeria and sub-Saharan Africa will definitely have good indices to showcase to the world.
“To demonstrate our readiness, I have promised that my cabinet will have a government representative who will be involved in the decision making at the cabinet level and whose responsibility would ensure that Lagos has up-to-date tracking of our progress in SDGs, especially health, education, safe water and environment. We have signed on to deliver all these goals.”
Sanwo-Olu said his administration would not relent in complementing the effort of government health workers to achieve universal health coverage in line with the dictates of the United Nations, but he called on international research organisations and development agencies to extend their funding supports to health researchers in public sector for maximum impact adding that Lagos introduced the first ever state-led health insurance scheme not only to increase access to quality healthcare for the vulnerable, but also to make health affordable to all residents irrespective of status.
Sanwo-Olu charged today’s leaders and policymakers to invest resources for the healthcare benefit of the future generation, stressing that efforts must be made to ensure that nobody was left behind in the actions being taken in the present.
“All the goals in the SDGs are really about ensuring that we did not limit the capacity of the future generation in human performance. We must deploy all the resources that we have today to cater for the future generations,” the Governor said.
The Director of Centre for Sustainable Development (CESDEV), University of Ibadan, Prof. Olanrewaju Olaniyan, in his paper, observed that health was the constant component of all items on the SDGs.
In 2018, the don said more than two-third of countries in sub-Saharan Africa performed below the benchmark set by the UN for the realisation of the development goal which according to him necessitated the need for increased investment in health research.
To make health research work for realisation of SDGs and achieve universal health coverage in sub-Saharan Africa, Prof. Olaniyan suggested four key areas the government and policymakers must focus on.
He said: “African governments need to engage and create an environment that will ensure seamless implementation of plans, financial strategies that will cut waste, partnership that will strengthen the outcome, and clear line of communication and outreach.“Capacity building and skills development must also be improved on, including greater participation of women in health research.”
The event which was chaired by the Vice Chancellor University of Lagos, Professor Oluwatoyin Ogundipe was also graced by the immediate past Minister of Health, Prof. Isaac Adewole, and the Vice-Chancellor of the University of Ibadan, Prof. Idowu Olayinka, among other dignitaries.More photos below.
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