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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I LOVE YOUR SUCCESS STORY, DAVIDO CONGRATULATES ILEBAYE. (PHOTO).

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I love your success story, Davido congratulates Ilebaye

Afrobeat singer Davido has expressed admiration for winner of the All-Stars BBNaija season Ilebaye.
Ilebaye, a 22-year-old model from Kogi, won the N120 million grand prize in the Big Brother Naija All-Stars edition on Sunday night, surpassing five other finalists.
She secured 30.8% of the total votes, outperforming her closest rival, Mercy Eke, who received 23.48%.
Ilebaye’s victory surprised many, considering that she had been evicted after just three weeks during her season, “Level Up,” in 2022 and was viewed as the underdog in the All-Stars season. 
In celebration of the self-styled “Gen Z Baddie,” Davido took to his social media platform and wrote, “Ilebaye… I love a success story!”
Ilebaye responded in the comments section, saying, “Thank you OBO.”

 

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