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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RECRUITMENT EXERCISE: LASG DEBUNKS REPORT BY ONLINE MEDIA.(PHOTO).#PRESS RELEASE.

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RECRUITMENT EXERCISE: LASG DEBUNKS REPORT BY ONLINE MEDIA



The Lagos State Civil Service Commission (CSC) has debunked an online story by TopNigerianjobs.com, stressing that the report on the recruitment exercise published by the website did not emanate from the State Government.

A statement signed by the Permanent Secretary of the Commission, Mrs. Boladele Dapo-Thomas said information concerning recruitment exercise by the Lagos State Government is disseminated to the general public through all verified official online and offline platforms.

She informed that the report by TopNigerianjobs.com is false and deceitful, as such the Commission is not liable for the contents nor the misrepresentations of facts by the publication.

The Chairman, therefore, warned the general public to disregard the contents of the website, noting that the Civil Service Commission contacts successful applicants directly (usually by email) on issues pertaining to recruitment exercises and not through third parties.


 

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