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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UK PARTNERS NIGERIA TO BOOST TRADE INVESTMENT. (PHOTOS). #PRESS RELEASE.

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 UK Partner Nigeria To Boost Trade, Investment 

                  


The UK has signed an Enhanced Trade and Investment Partnership ETIP with Nigeria to boost trade and investment between the two countries and unlock new opportunities for UK and Nigerian businesses. 


UK Secretary of State Kemi Badenoch signed the ETIP alongside her Nigerian counterpart Nigerian Trade Minister Doris Nkiruka Uzoka-Anite in Abuja. 


A statement by the British High Commission in Abuja explains that the Enhanced Trade and Investment Partnership ETIP is the first the UK signed with an African country and is designed to grow the UK and Nigeria’s already thriving trading relationship, which totalled 7 billion pounds. 


It states that the arrangement will pave the way for opportunities in sectors crucial to both economies such as finance and legal services as well as foster new collaborations in innovative areas like the creative industry. 


The visit by the Secretary of State comes a week ahead of a UK Government-led fashion and beauty trade delegation to Nigeria. 


More photos below. 









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