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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FUNNAB TO GRADUATE 120 FIRST-CLASS STUDENTS AT 32ND CONVOCATION. (PHOTO).

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 FUNAAB to Graduate 120 First-Class Students at 32nd Convocation


The Federal University of Agriculture, Abeokuta (FUNAAB), will hold its 32nd convocation ceremony on Saturday, graduating 3,567 students, including 120 First-Class honors and 1,626 Second-Class Upper graduates.


During a media briefing on Wednesday, Vice-Chancellor Prof. Babatunde Kehinde detailed the breakdown: 1,624 Second-Class Lower, 164 Third-Class, 33 Veterinary Medicine, 30 Postgraduate Diplomas, 274 Master’s degrees, and 136 PhDs.


Prof. Kehinde highlighted the university’s recent strides, including eight new academic programs such as Cyber Security and Software Engineering, bringing the total accredited programs to 38 across 54 departments.


He revealed that six research proposals worth over ₦171 million were approved by the National Universities Commission (NUC) last year, with additional international grants secured by the institution’s scholars. Tetfund is currently supporting 19 academic and research projects at the university.


Addressing food insecurity, Kehinde emphasized Public-Private Partnerships (PPPs) and encouraged backyard farming, noting collaborations with 30 organizations yielding promising results.


He also announced the disbursement of over ₦133 million from the National Education Loans Fund to 1,300 students, with an additional 1,638 awaiting disbursement for 2025.


The convocation will feature a lecture by Mohammed Ibrahim, Executive Secretary of the National Agricultural Development Fund, an exhibition of farming machinery, and the dedication of monuments to former Vice-Chancellors Prof. Olusola Oyewole and Prof. Kolawole Salako.

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