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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...

FOUNTAIN UNIVERSITY CONFERS HONORARY DOCTORATE DEGREE ON (CAS) AIR MARSHAL AMAO.(PHOTOS).#PRESS RELEASE.



PRESS RELEASE

FOUNTAIN UNIVERSITY CONFERS HONORARY DOCTORATE DEGREE ON AIR MARSHAL AMAO


The Fountain University, Osogbo, Osun State has conferred an Honorary Doctorate Degree in Public Administration on the Chief of the Air Staff (CAS), Air Marshal Oladayo Amao for effectively steering the affairs of the Nigerian Air Force (NAF). The CAS was among the four eminent personalities that received the honorary doctorate award during the Institution’s 12th Convocation ceremony held recently.

Speaking at the Convocation ceremony, the VC stated that the conferment of honorary doctorate degree on Air Marshal Amao, was in recognition of his performance and achievements since assumption of office in 2021. “We (Fountain University) have followed with keen admiration the leadership quality of your Excellency which motivated us to enter partnership with the Air Force Institute of Technology (AFIT), Kaduna since 2021,” the VC noted.

He described Air Marshal Amao as a team leader and player whose vision for a motivated Air Force are reflected in the series of innovative ideas. The injection of a new spirit of service and dedication, improvement of human and infrastructural development, establishment of Directorate of Veterans, restoration of significant peace in the embattled North East were witnessed in the NAF under Air Marshal Amao's reign as CAS. 

He added that the proactive leadership style of the CAS in ensuring the rearmament of the NAF by the Federal Government have all been reflected in the successes recorded in theatres of operation across the country.

The VC further explained that the CAS achieved new level of excellence injecting new vigour in running AFIT with which the Fountain University already has actionable Memorandum-of- Understanding. 

"It was in consideration of the foregoing, and particularly, Air Marshal Amao's recognition of service to protecting the territorial integrity of Nigeria as well as his fatherland that the Senate approved that he be awarded a doctorate degree in Public Administration (Honoris Causa), the VC added. 

The CAS, Air Marshal Amao, in his acceptance speech, expressed appreciation to the management of Fountain University for the conferment of honorary doctorate degree, describing the honour as a laudable gesture, which is in recognition of the contributions of the NAF to the unity, peace and progress of the country.
He averred that the honour would inspire him towards better administration of the NAF. “It is heartwarming to me that our contributions to national security, to which I am very passionate about resonated with the academia like the Fountain University,” he said. 

Air Marshal Amao disclosed that these modest achievements of the NAF have been consolidated in his vision as the 21th Chief of the Air Staff, noting that numerous administrative and operational successes have earned the Service both national and international accolades.

He further disclosed that in order to record these successes, the NAF under his leadership focused on doctrinal development and application of airpower in joint military operations, invigorate purposeful training and human capacity development, sustained high serviceability rate of platforms and equipment through innovative maintenance and robust logistics support systems. 

He added that fostering workforce, improved combat readiness and bolstered morale by improving personnel welfare as well as engaging Nigerians, requisite organizations and the academia, like Fountain University in particular has been in collaboration with the NAF through AFIT. The CAS thanked all Nigerians that have partnered with the NAF to ensure that national security efforts yielded positive results. 

Air Marshal Amao maintained that he has enjoyed the best of cooperation from Branch Chiefs, Air Officers Commanding, field commanders and Directors, describing them as dedicated team that have driven his vision for the NAF. Air Marshal Amao stated further that the officers have significantly contributed to the ongoing fight against terrorism, insurgency, kidnapping, banditry and other forms of criminality.  

He assured that the NAF would continue to pay full allegiance to the Constitution of the Federal Republic of Nigeria while continue to perform its roles with dedication and discipline.

Other notable Nigerians honoured alongside the CAS were Alhaji Suleiman Alao, a community leader and the clan head of Isale Osun, Osogbo, who was awarded a doctorate degree in sociology, former Chief of the Naval Staff, Vice Admiral Jubrila Ayinla (rtd), immediate past Post Chancellor and Chairman of Council was also conferred with honorary doctorate degree in Science and Professor Babagana Umara Zulum, Governor of Borno State was honoured with doctorate degree in Public Administration.

You are please requested to disseminate information to the general public.Thank you for your constant support and cooperation.

Wap Maigida
Air Commodore
Director of Public Relations and Information
Nigerian Air Force
16 January 2022.
More photos below. 










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