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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FEDERAL LAWMAKER RECONSTRUCTS 9 HEALTH CENTERS, 20 MOSQUES, INSTALLS 50 SOLAR STREET LIGHTS IN ZAMFARA. (PHOTO).

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 Federal Lawmaker Reconstructs 9 Health Centers, 20 Mosques, Installs 50 Solar Street Lights in Zamfara 


A member representing Maru/ Bungudu federal constituency, Abdulmalik Zubairu Zannah, has construct and renovated nine health facilities in his constituency.


The Legislative Aid  to the Law Maker Malam Jamilu Umar Bungudu made this known while conducting members of the Correspondent's Chapel round the facilities in Bungudu local government area of the state.


Abdulmalik Zanna  has also equiped Kotorkoshi  Primary Health Care Center with fifty Sick Beds, mattresses, laboratory facilities, Surgery equipments and other needful drugs to compliment government efforts in providing healthcare services to the common man.


He added that, the hospital was part of the nine health facilities renovated by the lawmaker in Maru and Bungudu local government areas of the state.


Jamilu Bungudu further explained that,  an Ultra Modern Community Women and Children Hospital was built and equiped in Bungudu town, as part of his efforts to promote rural healthcare services.


Most of the beneficieries of such projects have express their views and thanked the law Maker for providing the devidents  of democracy to them and urged other political office holders to borrow leaf from him.


In a related development, the law Maker has also spent over ten million naira for the reconstruction of a modern mosque at Federal Medical Center Gusau which is part of the 20 mosques and fifteen Islamiyya Schools reconstructed by the member representing Maru/Bungudu, Abdulmalik Zanna.


Similarly, the law Maker has also installed fifty solar Street lights in Nahuche village of Bungudu local government area  to assist in curving the issue of banditry, kidnapping and other related crimes.

 

In an interview with the law maker said that more are coming especially in the areas of empowerment, scholarship and general welfare.


More photos below. 






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