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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BADARU CALLS FOR STRENGTHENING OF ECOWAS SECURITY COOPERATION FOR ENHANCED DEFENCE CAPABILITIES. (PHOTOS). #PRESS RELEASE.

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 PRESS RELEASE 


BADARU CALLS FOR STRENGTHENING OF ECOWAS SECURITY COOPERATION FOR ENHANCED DEFENCE CAPABILITIES



The Honourble Minister of Defence, H.E. Mohammed Badaru Abubakar, CON, mni has called on the ECOWAS Committee of Chiefs of Defence Staff to strengthen their security cooperation inorder to enhance their defence capabilities against any security threat.


The Minister made the call during the 42nd Ordinary Meeting of the ECOWAS Committee of Chiefs of Defence Staff in Abuja


The meeting which started today brought together top military leaders from West Africa to address the region's pressing security concerns.


Badaru emphasized the significance of collective efforts in combating terrorism, cross-border crimes, and hybrid threats, stressing the need for enhanced regional security cooperation to safeguard nations and promote sustainable development.


According to him, the meeting will focus on critical issues, including the proposed ECOWAS Security Support Mission in Sierra Leone, ongoing peace operations, and the operationalization of the ECOWAS Standby Force.


The Minister encouraged open dialogue, shared expertise, and collaborative solutions to strengthen security cooperation and enhance regional defence capabilities.


While he reaffirmed the commitment to achieving peace and security in West Africa, the Minister said the security landscape of West Africa is presently marked by both complex challenges and called for  joint efforts towards countering terrorism, managing cross- border crimes amongst others in the region.


Henshaw Ogubike Mnipr FCAi Fsca Fcpe 

Director ( Information and Public Relations). 

One more photo below. 



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