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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NIGERIANS EXPECTED TOO MUCH FROM TINUBU; THEY SHOULD NOT EXPECT TOO MUCH FROM TINUBU- GARBA SHEHU. (PHOTO).

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Nigerians Expected Too Much From Buhari; They Should Not Expect Too Much From Tinubu –Garba Shehu


Garba Shehu, a former media aide to former President Muhammadu Buhari has stated that his principal was a victim of the crisis of expectations by Nigerians.


Shehu said President Bola Tinubu has begun to suffer the same fate.


He said the lesson for Nigerians from what he saw during Buhari's administration and even Tinubu's is that Nigerians should lower their expectations of political leaders, the News Agency of Nigeria reports.


This is contained in Shehu's remark at the 21st Daily Trust Annual Dialogue organised by Trust Media Group on Thursday in Abuja, in which he called on Nigerians to lower their expectations of political leaders in the country.


He said, “President Muhammadu Buhari is a victim of crisis of expectations; and I think that the lesson for Nigerians from what I saw during the Buhari period and even Tinubu is Nigerians should begin to lower their expectations on political leaders.


“This is because these expectations are simply inhuman. Leaders can do a lot of things, but no leader can do everything.


“During the time of Buhari, travellers to the Eastern Region used to spend about three days on the road, but after massive investment in infrastructure by Buhari, the travel time has reduced to about six hours.


“The government then also banned the importation of rice; after that, our farmers became so productive that production of rice skyrocketed and we were even feeding the whole of West Africa.”


According to him, Nigerians still feed well today.


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