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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LASG CONDUCTS COVID-19 TESTS ON CHRISTIAN PILGRIMS.[PHOTOS].#PRESS RELEASE

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LASG CONDUCTS COVID-19 TESTS ON CHRISTIAN PILGRIMS


... Distributes Welfare Materials


The Lagos State Christian Pilgrims Welfare Board (LSCPWB), on Tuesday, tested pilgrims intending to proceed to the Kingdom of Jordan for COVID -19. The pilgrims also received welfare materials in preparation for the official airlifting. 


The Board Secretary, Mrs. Florence Yetunde Gbafe, speaking at the event said the exercise was an offshoot of the ‘new normal’ as a result of the COVID-19 pandemic, noting that the exercise is a prerequisite for anyone embarking on a journey outside the country.


Explaining that the exercise was conducted 72 hours before departure in line with COVID-19 guidelines, Mrs. Gbafe noted that the pilgrims enjoyed reduced costs and the Board ensured that the tests were undertaken at a renowned and credible medical laboratory.


Speaking at the exercise, a member of the Board, Sir Folusho Adekoya, noted that the tests undertaken by intending pilgrims were an essential factor in determining those who would eventually be airlifted to the Holy land.


He urged the tourists to the Kingdom of Jordan to comport themselves during the journey, saying “you must be very accommodative to stay with somebody in a room, you have to be tolerant because you are going to be a watchdog for each other. Be your brother's keeper”. 

 

In the same vein, Pastor David Deile, a Board member also encouraged the intending Pilgrims to partake fully in all the spiritual exercises such as morning and evening devotion.


Present at the event were the Special Adviser to the Governor (Christian Religion), Rev. Olubukola Adeleke; Lagos State Chairman (CAN), Bishop Stephen Adegbite; Presiding Chaplain, Chapel of Christ the Light, Ven. Ezekiel Oluwadare; renowned clergy, top government officials and Board members, amongst others..More photos below.

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