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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FG GAVE $100 EACH TO THE 542 STRANDED NIGERIANS EVACUATED BY FG TODAY FROM THE UAE.(PHOTOS).

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 A total of 542 stranded Nigerians in the United Arab Emirates (UAE) evacuated by the Federal Government arrived Nnamdi Azikiwe Int'l Airport Abuja on board the MaxAirLtd Charted flight.
The evacuees consisted of 79 males, 460 females and 3 infants.

The plane touched down at 4:29 am today 23/10/2022.

The evacuees consisted of 79 males, 460 females and 3 infants.

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In addition, each returnee got a $100 note from Federal Government as support to facilitate their transport back to their various destinations.


More photos below. 



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