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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MAJOR GENERAL OKORO TAKES OVER COMMAND IN 2 DIVISION.(PHOTOS).#PRESS RELEASE

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MAJOR GENERAL OKORO TAKES OVER COMMAND IN 2 DIVISION


Major General Valentine Okoro has today 13 July 2023 taken over command of 2 Division Nigerian Army as the 44th General Officer Commanding (GOC). The New GOC expressed appreciation to the Chief of Army Staff (COAS), Maj Gen TA Lagbaja for finding him worthy to command one of the oldest Division’s in the Nigerian Army and promised to work assiduously to justify the confidence reposed on him. While commending his predecessor for his accomplishments in command of the Division, Maj Gen Okoro promised to propel the division to greater heights soliciting the supports of stakeholders and other security agencies in accomplishing the COAS mandate of ensuring a safe and secure environment for law abiding citizens in the Division’s Area of Responsibility. He charged the troops to brace for relentless offensives against criminals in areas under command expressing confidence in their ability to rid the south west of armed violence and criminality.

In his farewell remarks to the troops, the outgone General Officer Commanding Maj Gen Mohammed Usman thanked the troops for their support throughout his brief stay in 2 Division and solicited same level of support to his successor, whom he described as his course mate and friend. He admonished the troops not to relent in providing the enabling environment for law abiding citizens to do their business. He equally assured them that the new GOC will build on his legacies. He thanked the Chief of Army Staff for believing in him once more and giving him the opportunity to command 81 Division. 

The highlights of the ceremony includes Signing of Handing and Taking over notes, Handing over of the Command Flag to the new GOC, Decoration with 2 Division badge, Lowering and Hoisting of the Command Flags, and group photograph.

CHARLES EKEOCHA
Lieutenant Colonel
Acting Deputy Director Army Public Relations, 2 Division.
More photos below. 









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