Posts

Showing posts from January 9, 2021

SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

-
Image
 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...
Post a Comment
Read more

POLICE RAIDED CLUBS IN SURULERE AND VICTORIA ISLAND FOR VIOLATING COVID-19 PROTOCOLS.{PHOTOS}.

-
Image
  Lagos state police command in the early hours of today January 9, raided more clubs in Surulere and Victoria Island and arrested the club managers and customers for violating COVID19 protocols. Bars and nightclubs in the state have been banned from operating due to the second wave of the COVID-19 pandemic. The Commissioner of Police Lagos State Command, CP Hakeem Odumosu, personally led the team of Police officers and men to enforce COVID-19 protocols across the state together with the Lagos Safety Commission. The team raided Lounge 38, Bode Thomas, Surulere and arrested scores clubbing at about 1am which is contrary to the state government COVID-19 protocol. His team also arrested some for violating the 12 to 4am curfew at Marland. Also, Victoria Club in Victoria Island was sealed by the Safety Commission and people violating the Covid protocols were arrested.More photos below.
Post a Comment
Read more