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...

CHOLERA OUTBREAK: LAWMA BOSS TASKS RESIDENTS ON PERSONAL, DOMESTIC HYGIENE.(PHOTO).#PRESS RELEASE


 CHOLERA OUTBREAK: LAWMA BOSS TASKS RESIDENTS ON PERSONAL, DOMESTIC HYGIENE



The Managing Director/CEO of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin, has called on residents to observe the best personal and domestic hygiene, as well as proper waste management practices, to curb the spread of rampaging cholera.


He gave the advice in his office, Ijora Olopa, against the recent outbreak of the disease, which has claimed some lives, leaving many hospitalised.


Cholera, a severe diarrheal illness caused by infection with the bacterium vibrio cholerae, spreads primarily through contaminated water and food, thriving rapidly in unsanitary conditions. 


He said, "The outbreak of cholera in the state is a serious public health concern. It is imperative that every resident takes proactive measures to prevent further spread of the disease. Ensuring proper personal and domestic hygiene, including efficient waste management, will go a long way in curbing the spread of the fatal disease".


The LAWMA boss suggested several precautionary measures including: proper waste disposal; ensuring safe drinking water; frequent handwashing with soap; food safety practices and use of proper sanitation facilities among others.


He admonished residents to shun indiscriminate refuse dumping and to imbibe the practice of bagging and disposing of their waste using covered bins, to prevent the spread of diseases by vectors, and to ensure seamless evacuation by assigned PSP operators.


Gbadegesin said the Authority would continue to intensify efforts at making sure that waste generated across the state was promptly and efficiently managed, with service providers working around the clock to clean up black spots. 


He further appealed to residents to always wash their hands when they come in contact with waste, either while bagging or putting in covered bins, urging them to align with the state government’s environmental and health safety policies, by avoiding reckless waste dumping in drains, road medians, among other negative environmental practices. 


"We are fully committed to the health and safety of every Lagosian. Our teams are on the ground, ensuring that waste is properly collected and disposed of to minimise health risks. However, we need the cooperation of all residents to maintain a clean and safe environment," he stressed.


It would be recalled that the agency had over the years championed the campaign on the importance of waste bagging and proper containarisation, through various programmes and initiatives.


For more information about LAWMA's initiatives and how to support efforts to maintain a clean environment, please visit www.lawma.gov.ng or call our toll-free numbers: 080000LAWMA (08000052962), 07080601020 and 617.

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