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...

FINIDI GEORGE RESIGNS AS SUPER EAGLES HEAD COACH. (PHOTO).


 Finidi George resigns as Super Eagles head coach


Finidi George has resigned from his position as the head coach of the Super Eagles.


It is believed Finidi took the decision on Saturday, days after the Nigeria Football Federation, NFF, announced moves to bring in a foreign technical adviser.


His exit was confirmed by former Eagles media officer, Toyin Ibitoye, on his X account.


Ibitoye wrote: “News just in: Finidi George @FinidiGeorge_FG has resigned from his @NGSuperEagles manager position.”


Finidi was only appointed on April 29, 2024, to replace Jose Peseiro, whose contract expired in February.


During his very brief tenure, the former Enyimba boss oversaw a 1-1 draw with South Africa and a 2-1 defeat to Benin Republic, both in the 2026 World Cup qualifying series.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

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

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