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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GOV. ADELEKE URGES UNITY AMONG OSUN MONARCHS. (PHOTO).

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 Adeleke urges unity among Osun monarchs. Osun State Governor, Ademola Adeleke, has urged traditional rulers in the state to strengthen unity among themselves..

Adeleke made the call during the coronation of his wife, Mrs Ngozi Adeleke, as the Erelu Soludero of Erinmo Ijesa..


Represented by the State Commissioner for Agriculture, Mr Tola Faseru, Adeleke praised the Elerinmo of Erinmo Ijesa, Oba Odunayo Ajayi, for bestowing the title upon his wife, describing it as a clear demonstration of affection and respect for his family..


A statement from the governor’s spokesperson, Olawale Rasheed, issued in Osogbo on Saturday, included Adeleke’s remarks: “I must congratulate my dear wife for this honour and the family. This chieftaincy title represents our government’s and the Adeleke family’s ongoing commitment to supporting the people of the state. I thank Kabiyesi for this recognition. It will inspire us to do even more for Osun State.”

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