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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POLICE COMMENCE FULL-SCALE INVESTIGATION INTO ALLEGATION OF DEFILEMENT LEVELED AGAINST A SERVING POLICE OFFICER . (PHOTO). #PRESS RELEASE.

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 POLICE COMMENCE FULL-SCALE INVESTIGATION INTO ALLEGATION OF DEFILEMENT LEVELED AGAINST A SERVING POLICE OFFICER 



The Lagos State Police Command has placed under arrest one of its personnel accused of defiling a 17-year old girl. 


The Commissioner of Police, Lagos State Command,

CP Adegoke Fayoade, mni has, meanwhile, directed a full-scale and thorough investigation into the allegation. 


The Command assures the public that there is absolutely no attempt at a cover-up as such hideous acts are at variance with the code of conduct and professional ethics of the Nigeria Police Force. 


To this end, CP Fayoade once again assures Nigerians that the officer would be dealt with in accordance with police regulations and the law if found culpable.

SP Benjamin Hundeyin, anipr, mipra

Police Public Relations Officer,

Lagos State Command,

Ikeja. 


July 14, 2024.

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