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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PORTABLE, PASUMA PERFORMED AT LAGOS CHURCH DESPITE UPROAR. (PHOTO).

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Portable, Pasuma perform at Lagos church despite uproar 

Popular Fuji musician Alabi Pasuma and controversial street-hop artiste, Portable performed at a celestial church in Lagos despite the uproar that met their invitation.

Recall that the invitation of the two artists had earlier generated controversies on social media after the Lagos-based church unveiled the duo as guest artistes for its praise night.

Also condemning the development, Celestial Church leader, Olatosho Oshoffa, announced that he had stopped the singers from performing at the praise night.

Reacting to the backlash received, the church presiding pastor, Aderemi Dabiri, stated that he invited the secular musicians to win souls for Christ.

However, amid the condemnation, a video of the two artistes performing at the praise night on Friday surfaced on the internet.

Pasuma sported a casual shirt and trousers, while Portable opted for a white garment, aligning himself with the church’s dress code.

He was seen passionately performing his popular track, “Zazuu,” with congregants enthusiastically joining in, creating an atmosphere of excitement and shared celebration within the church.

 

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