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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THE POLICE AND MILITARY AGENCIES ARE READY AND THERE WILL BE ELECTION IN IMO STATE - GOV. UZODIMMA .(PHOTO).#PRESS RELEASE.

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THE POLICE AND MILITARY AGENCIES ARE READY AND THERE WILL BE ELECTION IN IMO STATE - GOV. UZODIMMA 


The Imo State Governor, Distinguished Senator Hope Uzodimma has commended the bravery of the Nigerian Police force and other sister agencies for foiling the attack at the office of the Independent National Electoral Commission (INEC) in Owerri.

Addressing journalists at the Nigerian Police Force Command, Owerri, Governor Hope Uzodimma reiterated that he will provide a safe environment for Ndi Imo to exercise their right in voting.

While disclosing that investigations are ongoing, the Governor charged the Police authority and other security agencies to be swift and prudent in unravelling details behind this attack.

In a related development, he commend the joint security team in the State for their prompt response and success in rescuing the Craneburge Staff who were abducted from the construction site, along the Owerri-Okigwe road, on 9th December 2022. 

He said that Imolites want to progress and the Shared Prosperity Government is committed to moving Imo State forward. 

"The contractors are working for the good of everyone and the list expected of all is hospitality and not hostility". Governor Uzodimma said. 

The Governor reassured Ndi Imo that the security network and intelligence across the State have been beefed up to guarantee the safety of Ndi Imo throughout this season and beyond.



 

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