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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FG ORDERS IMMEDIATE REFORMS AT FMC ABUJA AFTER VIRAL NEGLIGENCE VIDEO. (PHOTO).

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 FG ORDERS IMMEDIATE REFORMS AT FMC ABUJA AFTER VIRAL NEGLIGENCE VIDEO


14th July, 2025   


The Federal Government has ordered urgent reforms at the Federal Medical Centre (FMC), Abuja, following a viral video that showed acc+dent victims being denied timely medical attention. 


The footage sparked public outrage and allegations of negligence, prompting an investigation.


Minister of State for Health and Social Welfare, Dr. Iziaq Salako, issued the directive during an unscheduled visit to the hospital on Sunday. 


He confirmed receiving the investigative panel’s report and conducted an on-the-spot assessment of the emergency unit, engaging with frontline staff and evaluating the hospital’s capacity to respond to emergencies.


“You are in the eye of the storm, responsible for saving lives. Even if you’ve done one million things right, one mistake is what the public will remember,” Dr. Salako told the staff.


As an immediate step, he ordered the increase of casualty officers per shift from two to at least four to improve response time. He also instructed the hospital to fully integrate newly recruited health assistants into clinical operations and ensure consistent, prompt care at all times.


Salako noted infrastructural challenges within the emergency unit and called for urgent upgrades, even as electricity and water supply have recently improved. 


He also emphasized the need to enhance surveillance systems, citing how CCTV footage has helped in previous investigations.


Hospital officials reported ongoing collaboration with private security firms and the Nigeria Security and Civil Defence Corps (NSCDC) to manage access to the emergency area.


Responding to the minister’s concerns, Head of the Emergency Unit, Dr. Timothy Sama’ila, admitted to challenges including overcrowding, limited space, and staff shortages. 


Dr. Salako also announced a forthcoming nationwide emergency care training program to improve standards and emergency response across public hospitals.

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