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...

ECWA PASTOR ESCAPED FROM KIDNAPPERS DEN AFTER TWO MONTHS IN CAPTIVITY.(PHOTO).


A pastor of the Evangelical Church Winning All (ECWA) Kaduna, has escaped from kidnappers' den after two months in captivity. 

Pastor Yahaya Dikko was abducted at Sabon Kurutu in Kachia Local Government Area of Kaduna State. 

A Kaduna community leader, Makeri Danjuma Mohammad, who disclosed this on Facebook four days ago, said the abductors refused to release the pastor after collecting ransom and demanded motorcycles worth N800,000.

"This is Pastor Yahaya D Dikko of ECWA Church Sabon Kurutu in Kachia LGA of Kaduna State. He was kidnapped about two (2) months ago. Ransom has been paid but the Kidnappers insisted that a motorcycle worth #800000 must be brought before his release. By sheer divine intervention, he escaped alive and I stumbled on him this morning. He has just been taken for treatment in an undisclosed medical facility. To God be the glory." he wrote.


 

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