SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

-
Image
 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...
Post a Comment

INSECURITY: DECLARE STATE OF EMERGENCY,HOUSE OF REP. TELLS PRESIDENT.{PHOTOS}.#PRESS RELEASE.

-

 

Insecurity: Declare state of emergency, House tells President
….Condemns attacks, invites security heads
27/04/2021
The House of Representatives has called on President Muhammadu Buhari to declare a state of emergency on security in the country as part of urgent measures to address the worsening situation.
The House took the decision during an executive session held on Tuesday that lasted for over three hours in Abuja, coming out with an 11-point resolution.
It said, "Considering the security situation, the President should immediately declare a State of Emergency on Security so as to fast track all measures to ensure the restoration of peace in the country."
The session, which was presided over by the Speaker, Rep. Femi Gbajabiamila, condemned the recent attacks on security agents/formations and communities in different parts of the country by criminal elements.
The House sympathised with the victims of terrorism, banditry/kidnapping and commiserated with the families that lost loved ones.
The House resolution specifically mentioned some of the affected locations, stating, "Ukpo, Ifitedunu, Dunukofia, Geidam LGA, Abagana, IDP Camp in Makurdi Urikpam, Jato-Aka, Police Divisions in the South East, Ehime Mbano, Uzo-Uwani in Enugu State, Uzuakoli, Abia State, Balenga Local Government Area of Gombe State, and parts of Imo…"
The House reiterated its commitment to finding solutions to the security challenges in the country by engaging a wide segment of stakeholders and protecting the corporate existence of Nigeria.

In furtherance of this, it invited the National Security Adviser (NSA); the service chiefs; paramilitary chiefs; Controller-General of the Nigerian Customs Service; and the Managing Director of Nigerian Communications Satellite (NIGCOMSAT) to brief it on the measures taken so far to address the security challenges.
For the judiciary, the House asked that the trial of all suspects in custody for alleged involvement in terrorism, banditry and kidnapping be fast-tracked.
It observed that the security situation outweighed the number of security agents in the country and called for the immediate recruitment of more hands to beef up the number.
It further urged Mr President to take measures to implement full financial autonomy for local government councils in the country to enable them to handle certain community issues before they snowballed into a major crisis.
On its part, the House said it would hold a security summit on May 24 to look into the security situation and come up with recommendations on the way forward.
It also called for the provision of relief materials to communities affected by the criminal attacks.
Other items on the resolution were, "The Federal Government should ensure the protection of National Infrastructure assets, particularly the Shiroro and Kainji Dams in Niger State.
"The House mandates all its Security Committees to immediately commence comprehensive audit of all military and paramilitary assets and arms in our Armed Services and revert to the House within 4 weeks.".More photos below.

Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.

-
Image
                Lagos State Governor,Mr Akinwunmi Ambode on friday officially launched the one year long activities to mark the 50 years anniversary of the State which will climax on May 28,2017,just as he said the activities lined up would showcase to the world the unique achievements,culture,heritage and the tourism potentials of the state.Governor Ambode,who spoke at a special children programme tagged ''Vision of the Child'' to officially kick start the one year long activities for the Golden Jubilee of the State,said the celebration was put together to provide historical opportunity to propel the State into unimaginable greatness as well as put it on highest pedestal in the league of the world megacity states.The Governor,who assured that the events would be the biggest celebration in the 50 years history of the state,added that Lagosians should expect nothing short of world class events.He said ''This golden jubilee celebration will show Lag...
Read more