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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MAN FOUND DEAD IN LANDING GEAR OF AIRCRAFT ORIGINATING FROM LAGOS. (PHOTO).

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Man found dead in landing gear of aircraft originating from Lagos

18 April 2023 

The body of a man was found in the undercarriage of a KLM Royal Dutch Airlines plane that flew from Canada to the Netherlands, according to reports Monday.

The body was found in the landing gear of the plane after it arrived at Schiphol Airport outside of Amsterdam, the NL Times reported, citing airport authorities.

The plane flew from an unspecified Canadian city to Amsterdam, but the same aircraft had recently been on the ground in Lagos, Nigeria before it was sent to Canada.

It is also not clear in which city the man climbed into the landing gear mechanism and no crime is suspected.

“The investigation is still ongoing and we are trying to find out the identity of the victim so that the family can be informed,” a Royal Netherlands Marechaussee spokesperson told the Dutch daily Telegraaf.

The man is believed to have been a stowaway who was hiding in the airplane's wheel well, security forces confirmed.

In January 2022, a similar incident took place at the same airport, as a man who hid in the wheel section of a cargo plane traveling from Johannesburg with a stop in Nairobi was found alive after enduring an 11-hour flight. 



 

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