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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MADEIRA: MAN ARRESTED AFTER PARTNER DIES IN HOSPITAL. (PHOTO).

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MADEIRA: MAN ARRESTED AFTER PARTNER DIES IN HOSPITAL


A 51-year-old woman died in a Mthatha private hospital on Friday, 06 June 2025 from injuries sustained during a gender-based violence incident. The assault occurred at an automotive dealership in Mthatha on Saturday, 31 May 2025, involving her 57-year-old male partner.


It is alleged that the deceased from East London visited her boyfriend who is an employee at the dealership on 31 May 2025 and due to their quarrel, the suspect physically assaulted the victim at his workplace and took her to hospital on Sunday, 01 June 2025 where she was admitted. The suspect claimed that his lover was assaulted by unknown thugs near the dealership.


Police information further confirms that on Friday, 06 June 2025, the suspect visited the victim in the hospital, bringing her refreshments. The victim subsequently became sick and ultimately died at approximately 13:55 that same day. Based on preliminary investigations utilizing available electronic evidence, the 57-year-old male suspect was arrested on Friday, 06 June 2025, at approximately 19:00.


The post-mortem/autopsy results will determine the exact cause of the victim's death.


The Acting OR Tambo District Commissioner, Brigadier Vukile Ntuli applauded Madeira police for their swift action in arresting the suspect. Brigadier Ntuli urged police to thoroughly investigate and secure a conviction. "We can no longer tolerate this brutal violence against women," he stated, commending their dedication.- Captain Welile Matyolo

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