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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SUDAN'S MILITARY LEADER REJECTS PEACE TALKS, DEMANDS RSF WITHDRAWAL. (PHOTO).

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 Sudan’s military leader rejects peace talks, demands RSF withdrawal


Sudan’s army chief Abdel Fattah al-Burhan on Wednesday ruled out a ceasefire until the paramilitary Rapid Support Forces (RSF) withdraw from occupied cities, rejecting U.S.-backed peace talks set to begin in Genev, according to Sudan Tribune.


“Military operations will not cease until the last militia withdraws from the cities and villages they have violated and colonized,” Burhan stated.


He also dismissed calls for peace, asserting that “there can be no peace while the rebel militia occupies our homes.”


The U.S. special envoy to Sudan, Tom Perriello, confirmed on X (formerly Twitter) that the Sudanese army declined to participate in the Geneva talks. However, he emphasized ongoing U.S. efforts to end the conflict and noted the RSF’s commitment to negotiations.


Burhan vowed to continue the fight, stating, “We will work tirelessly to celebrate the next Army Day with our country cleansed of the militia.”


The conflict between the army and the RSF, which erupted in April 2023, has resulted in widespread death and displacement, with millions affected.


The conflict has ravaged Sudan since April 15, spreading from the capital  Khartoum to Darfur, Kordofan, and other regions. The resulting humanitarian crisis has left millions displaced and facing severe shortages of food and medical supplies.

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