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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OPERATION HADIN KAI: MORE BHTs/ISWAP FIGHTERS SURRENDER AS TROOPS INTENSIFY OFFENSIVE OPERATIONS.[PHOTOS].#PRESS RELEASE.

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...Several Assorted Weapons Recovered


In continuation of the ongoing intensive clearance operations across the theatre of Operation HADIN KAI (OPHK), more Boko Haram Terrorists (BHTs) and elements of Islamic State of West Africa Province (ISWAP) and their families, who have hitherto hibernated around the fringes of Sambisa forest have yielded to troops' heavy artillery and air bombardments and surrendered to troops at Forward Operational Base (FOB) Banki Junction/BOCOBS in Bama, Borno State on 2 August 2021


The terrorists who also surrendered several assorted weapons and incendiaries, comprised 19 male fighters, 19 adult females and 49 children from Njimia village and environs.


The terrorists lamented that the ground and condition in the forest have become untenable, hence their surrendering.

 

The fire arms  and incendiaries recovered from the terrorists include, 8 AK 47 rifles, 1General Purpose Machine Gun (GPMG), 2 Fabrique Nationale (FN) Rifles, 1 Dane Gun, 1Makarov Pistol, 89 rounds of 7.62mm (Special) ammunition, 89 rounds of 12.7mm ammunition, 66 rounds of 7.62mm (NATO) ammunition, 5 x 9mm rounds of ammunition,  2 Hand Grenades,  27 AK 47 Rifle magazines and 2 FN Rifle magazines.

 

Others are 1 pistol magazine, 1 x 60mm Mortar Bomb, 10 x14.5mm empty cases,  2 primed suicide vests, 72 trigger switches, 10 primed Improvised Explosive Devices (IED), 5  Electric Detonating Chords, 6 packs of Water Gel Explosives,  6 Mobile Phones, 1 Camel Pack, 1 Cammoulage bag, 2 Hard drives, 1 Plier,  2 Unserviceable Hand held Radios, 2 Scissors,  and needles, 2 Match boxes and the sum of Fifty Five Thousand Naira (N55,000:00) only.


The terrorists and their families are currently undergoing comprehensive security profiling and preliminary investigations, while the children have been administered with oral polio vaccines. 


The Chief of Army Staff, Lieutenant General Faruk Yahaya has commended the troops for the sustained offensive and clearance operations conducted in the theatre. He charged them to maintain the momentum of the operations. 


ONYEMA NWACHUKWU

Brigadier General 

Director Army Public Relations

4 August 2021.

More photos below.

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