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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BUHARI: NORTH-WEST STATES DECLARE TUESDAY AS PUBLIC HOLIDAY. (PHOTO).

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 BUHARI: NORTH-WEST STATES DECLARE TUESDAY AS PUBLIC HOLIDAY


Governors of the seven north-west states in Nigeria have declared Tuesday as a national holiday in honour of former President Muhammadu Buhari who died on Sunday in London.


“The Northwest Governors Forum receives with shock and deep sorrow the news of the passing of our beloved former President, General Muhammadu Buhari," said Chairman of the North-West Governors Forum and Governor of Katsina State, Dikko Radda.


Buhari’s body is expected to arrive in Katsina, his home state, on Tuesday at around 12 noon, with burial rites scheduled for 2 pm, according to Islamic rites.


“We call on all Nigerians to join us in prayers for the peaceful repose of his soul,” Radda said. "He lived a life of service, integrity, and sacrifice for the betterment of Nigeria.

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