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...

GOV. ZULUM INAUGURATES COMMITTEES ON REFUGEES,REPENTANT INSURGENTS+ SWEARS IN WOMEN’S COMMISSIONER,PERM SEC.(PHOTOS).#PRESS RELEASE


Gov. Zulum inaugurates committees on refugees, repentant insurgents; Gudumbali, Mairari resettlements 

... Swears-in Women’s Commissioner, Perm Sec
… Inaugurates Poly’s governing council  

Borno State Governor, Professor Babagana Umara Zulum, on Monday in Maiduguri, inaugurated two committees, one to manage repatriation of refugees from neighbouring countries and also manage issues of repentant insurgents.

Another committee is to facilitate the safe and dignified resettlement of displaced citizens back to Gudumbali and Mairari towns, both in Guzamala Local Government Area of northern Borno. 

The 26-member committee to handle refugees repatriation and repentant insurgents is headed by the Deputy Governor of Borno State, Umar Usman Kadafur, with the state’s Attorney-General and Commissioner of justice, Bar. Kaka Shehu Lawan standing in for the Deputy Governor who's engaged with Hajj issues. 

The committee has a member of the National Assembly, Commissioners, Advisers, representatives of resident security agencies, Borno Emirate Council, the North East Development Commission, and the National Commission for Refugees, Migrants and IDPs.

The committee is to facilitate continued repatriation of over 200,000 refugees, mostly from Borno State, who fled to border communities in neighbouring Niger Republic, Cameroon and Chad since 2013 and 2014, following attacks by Boko Haram. 

The same committee will henceforth lead the state’s coordination of responses to mass surrender by thousands of Boko Haram and ISWAP fighters, requiring demobilization, disarmament and reintegration through procedures that align with international best practices. 

For the committee on resettlement of Gudumbali and Mairari towns, Governor Zulum assigned Commissioner For Local Government and Emirate Affairs, Sugun Mai Mele, who hails from the affected Guzamala Local Government while Commissioner for Reconstruction, Rehabilitation and Resettlement, Engr. Mustapha Gubio, will co-chair, amongst 22 other members.

Addressing the committees, Zulum said: “You may recall that Mr President (Muhammadu Buhari) in February, constituted a committee under the Vice President, on repatriation of Nigerians who fled to Chad, Cameroon and Niger Republics. The committee will soon visit Borno State, we should, therefore put in place some resident structures that will work with them to ensure speedy and successful return of our people”, Zulum charged. 

A member of the committee, Barrister Kaka Shehu Lawan, thanked Governor Zulum for giving them another opportunity to serve the state. He assured him of their commitment to achieve the set objectives.

Also, co-chair of the resettlement committee, Sugun Mai Mele pledged commitment. 

… Zulum Swears Women’s Commissioner, Perm Sec

Also on Monday at the Government House, Governor Zulum presided over the swearing-in of Zuwaira Gambo as commissioner for women affairs and social development. 

Gambo missed last week’s swearing-in of her 19 fellow commissioners because she was in Egypt on official engagement. 

She was screened and confirmed by the Borno State House of Assembly after her return. 

Alongside Gambo, the governor also presided over the swearing-in of Dr Hyelni Mshelia as a new permanent secretary who, until her elevation, was a director at the Borno State Primary Health Care Development Agency.

… Inaugurates Poly’s governing council   

Still on Monday in Maiduguri, Governor Zulum inaugurated the Ramat Polytechnic Governing Council which is chaired by Barrister Isa Modu Chul with 14 members. 

The governor directed Secretary to the State Government to outline the council's mandate in order to avoid duplication of duties with the polytechnic’s management.

He charged both the governing council and the polytechnic’s management to work harmoniously in order to enhance the productivity of the institution.

Governor Zulum directed the Commissioner of Higher Education, Science, Technology and Innovation to ensure that governing councils of all tertiary schools across the state are either constituted or re-constituted, depending on their statuses.
More photos below. 







 

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