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...

" INVITATION HAS NOTHING TO DO WITH YOUR IMPEACHMENT, BUT PURELY AN ADMINISTRATIVE PROCEDURE TO DEFEND YOUR INHUMANE BEHAVIOR.- ZAMFARA STATE SPEAKER TO MAHADI ALIYU GUSAU..{PHOTO}.#PRESS RELEASE

 " INVITATION HAS NOTHING TO DO WITH YOUR IMPEACHMENT, BUT PURELY AN ADMINISTRATIVE PROCEDURE TO DEFEND YOUR INHUMANE BEHAVIOR.- ZAMFARA STATE SPEAKER TO MAHADI ALIYU GUSAU.


Prior to an invitation extended to His Excellency the Deputy Governor of Zamfara state Mahdi Aliyu Gusau by the state House of Assembly last week, to appear before it, to explain for his non sympathetic attitudes of organizing a political rally in the state last Month at the time the whole state was thrown into mourning of 40 people killed by some  heartless bandits, the Deputy Governor was advised  by several well wishers and allies never to organize the rally at that material time, as it wasn't appropriate


However, now realizing the mistakes he made, the Deputy Governor Mahdi is tilting his inhumane acts to the recent order by the Abuja Federal High Court to stop his alleged impeachment process by the State House of Assembly as an excuse of not honoring the independent Assembly invitation.


A source at the Zamfara state House of Assembly was quoted to have said that, " The Deputy Governor should at this time suppose to note that, the State House of Assembly has no any aggressive intention towards the Deputy Governor HE. Mahdi Aliyu Gusau, adding that the current Commissioner of Police  was invited by the same Assembly and without any intimidation, the Police Boss appeared before the State Assembly on the same issuesm, because according to the source the Police Commissioner has nothing to hide but rather advice the state Assembly with some highlights to avert future  happening. Therefore, Mahdi the Deputy Governor Should not be afraid to appear before the state Assembly to clear himself: " the source emphasized.



Recall that Mahdi the Deputy Governor of Zamfara state organized a political rally sometime last month at the period the state government declared three days mourning to commemorate the death of the 40 people killed by heartless bandits in the state.


Similarly, Zamfara state Speaker Hon. Nasiru Magarya  advises the State Deputy Governor Mahdi to respect the state legislature to appear in person for  interaction and should not as  a second in Command  entertain any fear to clear himself.

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