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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NIGERIANS HUNGRY,YOU CAN'T STOP AUGUST 1 PROTEST -PRIMATE AYODELE TO TINUBU.(PHOTO).

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 Nigerians hungry, you can’t stop August 1 protest – Primate Ayodele to Tinubu


The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Thursday, cautioned President Bola Tinubu not to stop the upcoming August 1 protest against hardship in the country.


Primate Ayodele said Nigerians are very bitter and have formed hatred toward the present government due to the hardship in the country.


In a statement by his Media Aide, Oluwatosin Osho, Ayodele said the protest will hold but the government should work on mitigating the effects by reducing the prices of essential commodities like food, fuel, electricity, etc.


The clergy explained that the current hardship is affecting the poor and rich because many didn’t expect it to get to this level even though he warned them before voting in another APC government.


He urged the president to discard those deceiving him that the economic situation of the country is getting better.


According to Ayodele, ‘’People are very bitter and they have hatred towards this government. Some states will participate and some will not but definitely there will be protests. The government needs all it needs to do; crash the price of food, electricity, petroleum, find solutions to insecurity, regulate prices and others to mitigate the effect of the protest.


‘’People are in serious hardship but the government doesn’t understand, they need to do something fast because it will be more than an ordinary protest. Nigeria doesn’t need this protest now because there is ‘protest inside protest’ due to pains, hardship, and hunger.


‘’This government is just assumption-based; it is not a realistic one so it’s difficult to connect with people or understand their pains. The government must adjust, it’s very simple to stop this protest by doing all that is needed. It will be a protest of hunger, pains and reward.


‘’The government is affecting the rich and poor, there is hardship everywhere but people didn’t expect this. People who surround the government are deceiving him. They want the government to collapse. The government has not done anything so they should expect the protest, it will stand. ‘’


‘’Nigeria deserves better welfare despite the increment in minimum wage, it’s not an achievement but let this government go after a better achievement that the people will be grateful for.’’

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