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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UPDATE: MAN WHO STABBED COMOROS PRESIDENT FOUND DEAD IN PRISON. (PHOTO).

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Man who stabbed Comoros president found dead in prison


The man who was arrested for attacking the Comoros president with a knife on Friday has been found dead in prison, the authorities there say.

The attack took place during a funeral for a well-known religious leader and injured President Azali Assoumani's hand.

National prosecutor Ali Mohamed Djounaid said that after being arrested the attacker had been isolated in a cell to calm him down.

He said a lifeless body was found lying on the floor of the cell on Saturday morning.


A doctor declared him dead. An investigation has been launched to determine the cause of his death," Mr Djounaid told a press conference in the Indian Ocean archipelago's capital, Moroni.

As for the 65-year-old president, he was "doing well. He has no health problems, he is out of danger. A few stitches were given," energy minister Aboubacar Saïd Anli is quoted by the AFP news agency as saying. He was also at the press conference, which was attended by almost all government ministers.

The motive for Friday's afternoon's attack is not clear but the authorities are looking into it.

They have identified the knifeman as a 24-year-old soldier called Ahmed Abdou, AFP reports.

Witnesses told AFP they saw the man in the room where well-wishers were paying their respects to the deceased.

They say the attacker injured the president's hand in the stabbing, before being stopped by one of the mourners.

President Azali first came to power in a military coup in 1999.

After a decade out of office, he won a disputed election in 2016 and was re-elected last January.

The vote was marred by allegations of ballot stuffing and was followed by two days of deadly protests.

Azali has been accused of growing authoritarianism.

He served as president of the African Union between 2023 and 2024.

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