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...

ITALIAN MEDIA RATES CHUKWUEZE LOW.(PHOTO)


Italian media rates Chukwueze low

Super Eagles winger, Samuel Chukwueze has earned a poor rating despite earning the chance from start in AC Milan’s clash against Frosinone on Saturday, hoping to build on the goal he scored against Borussia Dortmund in the UEFA Champions League.

However, as highlighted by Andrea Longoni, he took a step back instead.

The Nigerian has been struggling at the start of this season but finally got off the mark with a great goal against Dortmund mid-week. Against Frosinone, however, he didn’t have as much success and was named the clear flop by Gazzetta dello Sport.

Several players did very well for Milan, such as Theo Hernandez and Luka Jovic, but Chukwueze took a step back as argued by Andrea Longoni. In his editorial for MilanNews, he highlighted Nigerian’s main issue.

“On the other hand, Chukwueze took a step backwards compared to the positive performance in the Champions League against Dortmund. Too many mistakes, sometimes he wants to overdo it but it only creates confusion,” he wrote. Milan will face Atalanta in the next round and it remains to be seen if Rafael Leao will be back for that game. If not, then Chukwueze will get another opportunity to prove himself, having arrived for a fee of €28m including bonuses in the summer.

 

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