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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APC MEMBERS PROTEST, DEMAND REMOVAL OF LAGOS STATE PARTY CHAIRMAN. (PHOTO).

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 APC Members Protest, Demand Removal of Lagos State Party Chairman


Members of the All Progressives Congress (APC) in Lagos State are currently staging a protest in front of the State House of Assembly, calling for the removal of the state party chairman, Pastor Cornelius Ojelabi.


According to The Punch, the protesters — who include representatives from all 57 local government areas in the state — were seen carrying placards with inscriptions such as “Ojelabi Must Go” and “We Need New Leadership.”


The protest, which began earlier this Monday morning, has drawn significant attention from security agencies, with police officers occupying the Assembly complex to prevent any outbreak of violence or unrest.

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