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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TWO ABDUCTED KADUNA JOURNALISTS REGAIN FREEDOM. (PHOTO).

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 Two Abducted Kaduna Journalists Regain Freedom 


Two journalists who were kidnapped by bandits a week ago have regained their freedom.


Abdulgafar Alabelewe of the Nation Newspaper and AbdulRaheem Aodu of Blueprint Newspaper were abducted from homes in the Danhonu community in Millennium City of Chikun Local Government Area of Kaduna on Saturday, July 7th.


Although police authorities in the state have not confirmed the development, a relative of one of the victims told Channel Television that they were released on Saturday afternoon, and are on their way to Abuja for medical attention


One of the journalists Abdulgafar Alabelewe was released along with his wife and two children who were kidnapped together.


The Chairman of the Nigeria Union of Journalists (NUJ) Kaduna State Council Asma’u Yawo Halilu also confirmed the release of their freedom.


“To the glory of God Almighty, our colleagues, Abdulgafar Alabelewe, Abduraheem Aodu, and their families have been released,” the statement read.


“The Council extends her profound gratitude to the office of the CP, Kaduna State Command, office of the NSA, the DG, DSS, the Inspector General of Police, Kaduna State government, the NUJ President, and all well-meaning Nigerians that prayed along with us during the trying time.”


The rescued journalists have been taken to Abuja for debriefing by security agencies and also to get medical treatment.

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