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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ALABA MARKET: TRADERS CLASHED WITH AREA BOYS THIS MORNING.(VIDEOS/PHOTOS).

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Chaos at alaba lnternational market in Lagos as traders clash with area boys this morning.

Unconfirmed reports claim the traders are against the unnecessary demand of money by the area boys also known as Agberos in the area.
 

The spokesperson of the Lagos state police command, SP Benjamin Hundeyin, says the police are working to restore order in the area.

 

Some persons injured in the fracas have been taken to the hospital for treatment. 
Watch videos and photos below. 




 



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