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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BREAKING: LSSTF PRESENTS 50 BRAND NEW VEHICLES TO LAGOS POLICE COMMAND.{PHOTO}.#PRESS RELEASE.

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By Oki Samson


In furtherance of its efforts at supporting security and ensuring peace in Lagos state, the Lagos State Security Trust Fund (LSSTF) has today donated 50 Nissan pick ups vehicles to the Lagos State Command of the Nigerian Police.


The funding agency, LSSTF which was represented by board members, DIG Agboola Oshodi-Glover (rtd), Dr. Ayodele Ogunsan and Admin. Director, Mr. Degbola Lewis did the presentation of the crime-fighting vehicles to CP Hakeem Odumosu who heads the Lagos State Police Command.


It is believed that these resources will prove to be game-changing for the Police has it continues to tackle crime and flush out unsavory elements out of the society.

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