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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LASEPA RECORDS OVER 50 NOISE POLLUTION COMPLAINTS IN ONE WEEK, SEALS 15 HOSPITALITY FACILITIES .{PHOTOS}.#PRESS RELEASE.

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      The Lagos State Environmental Protection Agency (LASEPA) has decried the upsurge in noise pollution across the State and the resultant environmental violations, as it recoded over 50 complaints and sealed 15 hospitality facilities within seven days.

The General Manager of the Agency, Dr. Dolapo Fasawe, who disclosed this during an enforcement exercise embarked upon due to the constant outcry over environmental noise, lamented the flagrant disobedience of some hospitality/leisure operators to environmental laws guiding their business operations.
According to her, “We responded to over 50 complaints on noise pollution and sealed 15 facilities after verification and confirmation of claims. This calls for caution and responsiveness on the part of all concerned. The issue of noise pollution has become a perennial problem that is posing a serious threat to the sanity, stability and peace of mind of victims”.
“Reports received in recent times are mostly about earlier sealed and re-opened facilities, indicating non-adherence to rules and regulations by the sanctioned operators. Their short-lived compliance is thereby pretentious and deceptive and shall be dealt with in accordance with the extant laws”, she averred.
While noting that more zones have been created to avail residents the opportunity to report any environmental pollution in their areas, Fasawe listed the facilities sealed for violating the right of residents to a peaceful environment as SkyLounge nightclub, at 10, Dayo Adeniji Street, New Oko-Oba, Agege; a residential building at 208 Ikorodu Road; CIRCA Food/ Restaurant, located at 12A Admiralty Way, Lekki Phase I and New Hotel at 40, Ekoro Road, Abule Egba, Lagos.
“It is disheartening to note that standard of compliance, particularly from recalcitrant pollutants that had earlier been sanctioned, and later given a clean bill for complying with extant laws are still engaging in the act of noise-making”, the General Manager stated.More photos below.

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