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...

PARIS TO NAME SPORTS FACILITY AFTER DEAD UGANDAN ATHLETE CHEPTEGEI. (PHOTO).


 Paris to name sports facility after after dead Ugandan athlete Cheptegei


The mayor of Paris, Anne Hidalgo, has said on Friday that the city will dedicate a sports facility in memory of Uganda Olympic runner, Rebecca Cheptegei, who passed away.


The marathon runner, who competed in the Paris Games last month died on Thursday, four days after she was doused in petrol and ignited by her boyfriend in Kenya, in the latest attack on a female athlete in the country.


In the women's marathon at the Paris Games, Cheptegei, 33, made her Olympic debut by placing 44th.


Dickson Ndiema Marangach, her Kenyan partner, attacked her in front of her kids on Sunday, leaving her with 80% burns, according to police and medical professionals.


Her death, which the United Nations called a "violent murder", triggered widespread condemnation.

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