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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OLUWO UNDER FIRE FOR EXPOSING HEAD IN MECCA. (PHOTO).

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 Oluwo under fire for exposing head in Mecca


The Oluwo of Iwo, Oba Abdulrasheed Akanbi, recently came under fire for opening his head while praying for peace of mind, long life, and mercy for himself during his stay in Makkah, Saudi Arabia.


In a video he posted on social media, his head was uncovered, and that attracted mixed reactions, because it is customary for a Yoruba king to always cover his head, especially when in public.


One of his followers, fabricsbyarinola wrote, “I thought (a) king must not open their head in public?”


Acube321 wrote, “Kabiesi oooo, sir you are not supposed to open your head. You can’t be the custodian of Yoruba culture and still worship in the Arab way. This is intriguing. You are demeaning our culture, sir. This is too bad sir.”


 “See my hometown king. Everybody is equal in the presence of Almighty Allah. Islam is beautiful. May Almighty Allah accept your worship.”


Fasasiwakeel also wrote, “I am moved emotionally by the way he was praising the King of Kings. May the Almighty Allah answer your prayers.”


Meanwhile, the Oluwo was also criticised for a particular prayer he said. In another video he posted on social media, he prayed that just as millions of Muslims all over the world visit Makkah in pilgrimage, people should have not rest until they visit Iwo.


Some of the people who criticised him asked what structures were in place in Iwo that would attract visitors from around the world.

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