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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FRSC BOARD APPROVES THE DISMISSAL OF 8, TERMINATION OF APPOINTMENT OF 10 AND OTHER PUNISHMENTS FOR 10 OTHER OFFICERS .{PHOTO}.#PRESS RELEASE.

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 FRSC workers get N3 billion mortgage loan — Property — The Guardian Nigeria News – Nigeria and World News

       As part of organised effort to rid the Federal Road Safety Corps of indiscipline and corrupt elements, the Board, Federal Road Safety Commission has granted approval for the award of various degrees of punishment to 28 officers of the Corps in accordance with the provisions of the FRSC Regulation on Discipline. The officers had been found culpable for desertion, forgery, number plate racketeering, bribery, scandalous behaviour, drivers license racketeering, patrol misconduct, among others.

According to Bisi Kazeem, the Corps Public Education Officer, the approval which reaffirms the Corps' resolve to align with the anti corruption policy of the President Muhammadu Buhari led administration was granted during the meeting of the Board on Friday, 4th September, 2020.
According to him, the sanctions consist of 8 Dismissals, 10 Termination of Appointments, 5 Reduction in Ranks and 5 Loss of Seniority.
While reemphasizing the need for personnel to desist from any act of indiscipline, the Board Chairman, Barrister Bukhari Bello revealed that the disciplinary actions are to serve as deterrent to others who may form the habit of contravening established regulations and tarnishing the good image of the Corps.
In the same vein, the Corps Marshal, Dr Boboye Oyeyemi re-stated that his administration will continue to operate on the tripod of Consultation, Reward and Punishment as he called on staff to internalize the ideals of the founding fathers whose drive and commitment were geared towards saving lives.
It will be recalled that since the inception of the leadership of Dr Boboye Oyeyemi, as the Corps Marshal, the Federal Road Safety Corps has ensured the entrenchment of discipline among its personnel with continuous clamp down on corrupt elements while a reasonable number of staff have received different punishments for misconducts and in the same vein, many staff have been commended and appreciated for disciplined and exemplary conducts.
FRSC workers get N3 billion mortgage loan — Property — The Guardian Nigeria News – Nigeria and World News

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