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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PETER OBI: TRIBUNAL ADJOURNS PRE HEARING.(PHOTO).

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 PETER OBI: TRIBUNAL ADJOURNS PRE HEARING



May 8, 2023


The spokesperson of the Labour Party in February 25 presidential election Kenneth Okonkwo has stated the Presidential Election Petition Court has adjourned the pre hearing of the trail to Wednesday, 10th of May 2023.


The Labour Party Chieftain revealed this on his media platform ( Twitter handle) on Wednesday.According to the tweet he made, “After a brief pre-hearing trial, the case was adjourned to Wednesday, 10th May, 2023 at 2 pm prompt.


Alex Ejesieme (SAN), Kenneth Okonkwo Esq

With me is Alex Ejesieme SAN. We can recall that the opposition parties, (People’s Democratic Party, Labour Party) and their presidential candidates, Atiku Abubakar, Peter Obi filed a suit against the president elect of the country, Asiwaju Bola Tinubu challenging his mandate.


INEC

They noted that the the February 25 presidential election was rigged because of INEC’s failure to upload the results in Portal as promised.


However, the Peoples Democratic Party {PDP} and its presidential candidate in the February 25th presidential election, Atiku Abubakar, have applied for an order that will allow for live coverage of daily proceedings on the case they brought against the president-elect, Bola Tinubu.

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