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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BOKO HARAM BOMB EXPERTS DEFY COMMANDERS, SURRENDER TO TROOPS. (PHOTO).

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 Boko Haram bomb experts defy commanders, surrender to troops


Two members of Boko Haram identified as Abubakar Mohammed and Bana Modu assigned to plant bombs on the roads leading to Doron Baga and a fish farm in Baga, both in Kukawa Local Government Area of Borno state by their commanders have surrendered to troops of the Multinational Joint Task Force ( MNJTF)

The Improvised Explosive Devise (IED) experts surrendered to the troops during a clearance operation on Sunday, April 21, Lt. Col. Abubakar Abdullahi, the Chief Military Public Information Officer – Ndjamena, said in a statement in Maiduguri on Monday.

He said the suspects, who were under the age of 30 were in possession of two IEDs, two mobile phones and N53,000 cash that were recovered from them.

He said that on interrogation, the suspects said that they were ordered by their Boko Haram commanders to plant IEDs on the roads leading to Doron Baga and a fish farm in Baga, both in Kukawa Local Government Area of the state.

“Instead of carrying out their mission, they decided to abandon their task, escape with the IEDs and surrender to the MNJTF.

“Their decision was influenced by the MNJTF recently concluded Operation NASHRUL SALAM, a non-kinetic operation, and the sector’s personal engagement strategy with relevant sources, showcasing the effectiveness of psychological operations in the fight against terrorism,”he said.

Abdullahi said that the MNJTF was committed to encouraging other terrorists in the Lake Chad to come out, surrender and lay down their arms.

The official pledged that troops would leave no stone unturned to rid the region of terrorists and ensure sustainable peace.

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