SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

-
Image
 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...
Post a Comment

PRESIDENT TINUBU INAUGURATES NEW ARMY BARRACKS, COMMITS TO TROOPS' WELFARE. (PHOTOS). #PRESS RELEASE.

-


 PRESIDENT TINUBU INAUGURATES NEW ARMY BARRACKS, COMMITS TO TROOPS' WELFARE


President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, has commissioned the newly constructed Nigerian Army Barracks in Asokoro, Abuja. The state-of-the-art facility, named after the President, marks a significant milestone in efforts to improve the welfare and living conditions of Nigerian Army personnel as they fulfill their constitutional duty to defend the nation.


During the commissioning ceremony, President Tinubu emphasized that the project underscores the Federal Government's dedication to prioritizing the welfare of troops. He highlighted the importance of providing modern office spaces and residential accommodations to create a conducive environment for the officers and soldiers. The President reaffirmed his administration's unwavering commitment to equipping the military with the resources needed to effectively carry out their responsibilities. Describing the troops as the nation’s heroes, President Tinubu praised their resilience and steadfastness in ensuring Nigeria’s security. He also commended the Army leadership for their vision and execution of the barracks project, as well as the collective contributions of all personnel who ensured its timely completion. He urged the Nigerian Army to maintain continuous development, proper maintenance of facilities, and a steadfast commitment to troop welfare.


In his remarks, the Chief of Army Staff (COAS), Lt Gen Olufemi Oluyede, expressed gratitude to President Tinubu for his exceptional support for the Nigerian Army. He noted that naming the barracks after the President was a gesture of appreciation for his efforts to address accommodation challenges and strengthen the operational capacity of the Army.


Lt Gen Oluyede acknowledged the contributions of his predecessors, Lt Gen Farouk Yahaya and the late Lt Gen Taoreed Lagbaja, who initiated and pursued the project to address the critical housing needs of Army personnel. He revealed that phases 1 and 2 of the project have been completed, providing accommodation for 614 personnel, including 170 officers, 444 soldiers, and their families. He expressed optimism that phases 3 and 4 would be completed expeditiously with the continued support of the Federal Government.


The COAS pledged the Army’s loyalty to the Constitution and the Government, reaffirming its commitment to fostering national security and socio-economic development. He also called on the government and Nigerians to continue supporting the welfare of troops, whose dedication ensures a secure and prosperous Nigeria.


As part of the day’s activities, President Tinubu also performed the groundbreaking ceremony for an ultra-modern Armed Forces Complex in Abuja, further demonstrating the administration's commitment to strengthening the nation’s security infrastructure.


Onyema Nwachukwu

Major General 

Director, Army Public Relations

23 January 2025

More photos below. 






Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.

-
Image
                Lagos State Governor,Mr Akinwunmi Ambode on friday officially launched the one year long activities to mark the 50 years anniversary of the State which will climax on May 28,2017,just as he said the activities lined up would showcase to the world the unique achievements,culture,heritage and the tourism potentials of the state.Governor Ambode,who spoke at a special children programme tagged ''Vision of the Child'' to officially kick start the one year long activities for the Golden Jubilee of the State,said the celebration was put together to provide historical opportunity to propel the State into unimaginable greatness as well as put it on highest pedestal in the league of the world megacity states.The Governor,who assured that the events would be the biggest celebration in the 50 years history of the state,added that Lagosians should expect nothing short of world class events.He said ''This golden jubilee celebration will show Lag...
Read more