SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

Image
 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...

HUNGER, STARVATION MORE ALARMING UNDER TINUBU GOVT, KANO EMIR TELLS FIRST LADY. (PHOTO)


 Hunger, Starvation More Alarming Under Tinubu Gov’t, Kano Emir Tells First Lady


Emir of Kano, Alhaji Aminu Ado Bayero, has urged Nigeria’s First Lady, Senator Oluremi Tinubu, to convey the message of the teeming populace about the hunger and starvation in the country to the President, saying the hardship is more alarming.


The Emir made the call when the first lady paid him a courtesy visit at his palace on Monday.


Mrs Tinubu visited Kano to attend the opening of a Faculty of Law building at Maryam Abacha American University named after her.


The emir said, “Although we have several means of communicating to the government on our needs and request, your way and means is the surest way that you would tell the President the actual happenings in the country.


“The hunger and starvation, though didn’t start with this government, the situation has become more alarming and needs urgent attention.”


In the same vein, Aminu Ado Bayero, explained that, “the issues of insecurity is another serious problem we are facing. I know your government inherited it, but something more seriously should be done to take care of the threats.


“We are receiving series of messages from our people. One of such message is the much talks about relocation of CBN and FAAN to Lagos, I think the Government should come out clean on this matter and talk to Nigerians in the languages they would understand.


“Do more enlightenment on this matter. I for one cannot tell the actual intentions of the government, we should be made to actually understand why the relocation of the CBN and FAAN offices are now to Lagos.”


Bayero, while commending the first lady for her care on the wellbeing and welfare of the children, advised her to actualize her Renewed Hope Initiative Pet Programme, adding that the programme, if fully achieved, would free the underprivileged people from the shackles of problems.


Expressing worries about girl child education, the emir urged Mrs Tinubu to look at the issue critically and make sure that the issue is tackled without any problems.


He commended her for supporting people of Plateau during the crisis in the state, urging that a similar gesture should be extended to all and sundry.


In her entourage on the courtesy visit were the Deputy President of the Senate, Barau Jibrin, Benue State Governor, Hyacinth Alia, FCT Minister of State, Mariya Mahmoud Bunkure, among others.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.