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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BENUE ASSEMBLY RECOMMENDS THE REMOVAL OF CHIEF JUDGE OF BENUE STATE FROM OFFICE OVER GROSS VIOLATION OF THE ETHICAL CODE OF CONDUCT . (PHOTOS)

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BENUE ASSEMBLY RECOMMENDS THE REMOVAL OF CHIEF JUDGE OF BENUE STATE FROM OFFICE OVER GROSS VIOLATION OF THE ETHICAL CODE OF CONDUCT 


The Benue State House of  Assembly has recommended the immediate removal of the Chief judge of Benue State, Justice Maurice Ikpambese from office over gross violation of the ethical code of conduct and despicable acts incompatible with the status of the judicial officer of the Federal Republic of Nigeria.


The House also recommends for immediate swearing in of the next -in- line judicial officer within the State as Acting Chief Judge of Benue State.


The House took the decision Tuesday, February 18th, during a plenary presided by the Speaker, Chief. Hyacinth Aondona Dajoh.


According to the correspondence sent to the house and read by the Majority Leader Comr. Saater Tiseer, Justice Ikpambese committed the following offences.


1. Abuse of office by issuing a directive to overturn the Benue State Electoral Law passed by the Benue State House of Assembly and assented to by the Governor of the State.


2. Misappropriation and mismanagement of the Budgetary Allocation and Finances of the Benue State Judiciary.


3. Engagement with politicians and political office holders for favourable judicial outcomes.


4. Indirect participation and incitement of the industrial actions against the State executive.


5. Acts of bribery and corruption and undue favoritism and dire insistence on cronies holding unmerited positions.


The House was divided in to two and Twenty Three Members  voted for the removal of the Chief Judge.


Yev Kristur. 

More photos below. 




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