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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SUSTAINING SAFETY IN ANAMBRA: JOINT SECURITY FORCES RESCUE A KIDNAP VICTIM, NEUTRALIZE TWO OF THE KIDNAPERS & RECOVER ARMS AND VEHICLES.(PHOTOS).#PRESS RELEASE.

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SUSTAINING SAFETY IN ANAMBRA: JOINT SECURITY FORCES RESCUE A KIDNAP VICTIM, NEUTRALIZE TWO OF THE KIDNAPERS & RECOVER ARMS AND VEHICLES



On 11/7/2023 by 8:30 pm, the joint security Operatives attached to Forward Operating Base FOB while on patrol around Uga- Ezinifite Expressway in an attempt to stop two vehicles that drove suspiciously to beat security screening, a highlander jeep and a white Lexus 350 without plate number, was given a hot chase by the joint forces. The Operatives engaged the deadly gang in a gun battle and they abandon the two vehicles and took to their heels. 


During a search conducted inside the vehicle, two automatic pump action guns, eleven (11) live cartridges, and a bag containing one walkie-talkie, one cell phone, and other incriminating items were recovered. Further information shows evidence of blood stains on all the vehicles as they have escaped with bullet wounds. The Command also wants to use this opportunity to call on operators of public and private hospitals to admit but report anyone with a bullet wound or related injuries to the nearest Police Station.


Also, earlier on the same day by 8:13 pm, Police collaborating with Anambra State Vigilantes at Ichida bus stop along the Ichida- Igboukwu expressway, rescued a kidnap victim, neutralize two members of the notorious gang, recover One Ak47 rifle, two pump action gun, two Ak47 magazine, thirty- two live ammunition, one highlander jeep belonging to the victim.


Preliminary information reveals the deadly gang of Eight operating with two vehicles a Grey Highlander jeep and a white Lexus 350, abducted the victim in her Ash Highlander jeep. The victim was rescued unhurt and she has been debriefed.


However, the Commissioner of Police CP Aderemi Adeoye has warned the criminals in the state to change their ways and cue into State Government Opportunities by engaging in legitimate means of survival or be prepared to face discomfort in their criminal/ illegal activities.


*Dsp Ikenga Tochukwu, PPRO, Anambra State Police Command*


12th July 2023.

More photos below. 






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