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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OHANAEZE NDIGBO EXTOLS NIGERIAN ARMY AS GOC LAGBAJA EXTENDS HANDS OF COOPERATION.[PHOTOS}.#PRESS RELEASE

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The President General Ohanaeze Ndigbo Worldwide Ambassador George Obiozo has commended the Nigerian Army for its role in restoring peace to South East Region. He made the commendation in Enugu when he hosted the General Officer Commanding 82 Division, Maj Gen Taoreed Lagbaja on a courtesy visit today.


In a press statement e-signed by the Acting Deputy Director, Army Public Relations, 82 Division Enugu, Major Abubakar Abdullahi stated that, "Ambassador Obiozo expressed his delight for the visit saying "without peace nations cannot progress and without the Armed Forces we will have more problems. They are the pillars of Nigeria's unity." He described the Nigerian Army among "the best in Africa". He call on troops to continue to do their best to ensure peace and security nationwide."


Responding, the General Officer Commanding described Ohanaeze Ndigbo as a key stake holder in managing the affairs within the Divisions core Area of Responsibility. He said the "Nigerian Army is an instrument of the state to safeguard peace, security and to ensure economic activities" hence the need to partner all stakeholders to achieve its mandate.


General Lagbaja commended the leadership of the group for their recent pronouncement against the threat of using force in enforcing secessionists planned weekly sit at home order. He assures the entire residents of the region of security and warns troublemakers against any breach of security. He extended the hand of cooperation of the Division to the group in areas of security in the region.


Ohanaeze Ndigbo is a socio-cultural organisation designed to provide a platform where Ndigbo, within and outside Nigeria come together for the purpose of nurturing better understanding and harmonious relations amongst themselves and with other ethnic groups in Nigeria and beyond.





ABUBAKAR ABDULLAHI

Major

Acting Deputy Director Army Public Relations 82 Division Enugu

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