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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8 CHILDREN RESCUED FROM GHASTLY ACCIDENT IN KOGI. (PHOTO).

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 8 children rescued from ghastly accident in Kogi


Eight school children have survived a ghastly motor accident in Lokoja the Kogi State capital.


Eyewitness account told newsmen that the children are pupils of Kingdom Heritage Nursery and Primary School Lokoja.


It was gathered that the children were returning from school when the sad incident occurred on Thursday at the popular Lokongoma market in Lokoja.


It was further gathered that a heavy-duty truck carrying a container load fell on two small vehicles which trapped the Children.


Through the combined effort of the Nigeria Police, Federal Road Safety Corps (FRSC), and other relevant agencies, the children were rescued.


The Kogi State Security Adviser Commodore Jerry Omodara Rtd. who was on ground to ensure the rescue of the school children confirmed this to newsmen on Thursday.


As of the time of filing this report, efforts are still in place to ensure that the truck is evacuated from the road to ensure free flow of traffic.

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