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...

TROOPS NEUTRALIZE SEVEN BANDITS IN CHIKUN LGA. (PHOTOS).#PRESS RELEASE.



KDSG Security Update: Friday 17th February 2023. 


Troops neutralize seven bandits in Chikun LGA 


A combined team of troops of the Nigerian Army and Navy have neutralized seven bandits during clearance operations in the Kasso general area of Chikun LGA. 


Operational feedback to the Kaduna State Government revealed that the troops embarked on the operations, and made contact with bandits around Ungwan Rimi village in Kasso, near a river. The troops promptly engaged and subdued the bandits after an intense gun duel. 


Seven bandits were confirmed neutralized during the operation, with the high possibility of even more eliminated and injured across the river. 


The troops recovered five motorcycles, 153 rounds of ammunition, seven magazines and three mobile phones during the operations. 


Receiving the report, Governor Nasir El-Rufai praised the troops for their doggedness and bravery. 


The Governor commends the leadership of Maj-Gen TA Lagbaja, GOC One Division, and Cdre ME Ejumabone, Commandant of Nigerian Navy School of Armament Technology, in the successful operation.


Signed 


Samuel Aruwan 

Commissioner, Ministry of Internal Security and Home Affairs, Kaduna State.

One more photo below. 

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