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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PETER OBI APPRECIATED THE NBA TODAY,FOR HOSTING HIM YESTERDAY.(PHOTO).#PRESS RELEASE

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"It was a distinct honour and privilege to address the Nigerian Bar Association at their Annual General Conference yesterday. The warm reception was gratifying and deeply appreciated.

To recap what I said, Nigeria needs true, visionary and diligent leadership to transit from its present state of failure and stagnation to growth and development.

Now that our nation is exhibiting the characteristics of a fragile and failed state, we must re-evaluate our leadership selection process to ensure that only diligent and committed leaders are voted into power, so that we can begin to rescue this nation urgently.

We must strive for a leadership imbued with competence, capacity, credibility and commitment.

I maintain that the elections in 2023 will go beyond connections, tribe or religion, but center on competence, character and commitment to deliver on the dividends of true democracy.

#PeterObi 🇳🇬"


 

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