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...

UPDATE: NIGERIA DOMINATES AFRICAN WEIGHTLIFTING CHAMPIONSHIP WITH 12 MEDALS — 7 GOLD AND COUNTING. (PHOTO).

 


Nigeria dominates African Weightlifting Championship with 12 Medals — 7 Gold and Counting


Team Nigeria is lighting up the African Senior Weightlifting Championship in Mauritius, topping the medal table with a commanding performance that has seen the contingent bag 7 gold, 4 silver, and 1 bronze and counting as the competition enters its final stretch. 


Leading the gold rush are Rafiatu Lawal (59KG) and Didih Onome (55KG), who each clinched three gold medals in their respective categories. Lawal, a 2022 Commonwealth Games champion, once again proved her elite status, dominating her category with strength and poise.


“I came here prepared, and I knew I had to give it everything,” Lawal said. “The support from the Federation and the National Sports Commission has been incredible it gave us the edge. This gold is for Nigeria.” Onome, equally stellar in the 55KG class, highlighted the team’s resolve and patriotism. “We came to Mauritius on a mission to show the strength of Nigerian weightlifting,” she said. “Every lift is for the green and white. I dedicate these medals to Dr. Ibrahim Abdul and the NSC, whose leadership continues to inspire us.”


Edidiong Joseph also contributed to the medal haul, grabbing one gold and two silvers in the 73KG category. Tuesday Emmanuel added two silver medals and a bronze to solidify Nigeria’s lead.

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