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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IGP HOSTS ECONEC DELEGATION ON ELECTORAL PROCESS DIALOGUE . (PHOTOS). #PRESS RELEASE.

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 PRESS RELEASE


IGP HOSTS ECONEC DELEGATION ON ELECTORAL PROCESS DIALOGUE 


Reaffirms Commitment to Fairness and Impartiality 


The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, on Wednesdays

 30th July, 2025, received a high-level delegation from the ECOWAS Network of Electoral Commissions (ECONEC) at the IGP Smart Conference Hall, Force Headquarters, Abuja. The delegation, led by Mrs. Davidetta Browne Lansanah, Chairperson of the National Elections Commission of Liberia, comprised senior electoral officials including Dr. Bossman Asare, Deputy Chairman, Elections Commission of Ghana, Mr. Chinedu Chinedu, Senior Programme Officer, ECONEC, Prof. Bolade Eyinla, Chief Technical Adviser, INEC, and other representatives and partners of the network. The visit was follow-up dialogue on implementation of electoral policies ahead of the General Elections.


In her remarks, Mrs. Lansanah appreciated the IGP for granting audience to the delegation, acknowledging the significant role the Police plays in electoral security. She further stated that the visit was aimed at discussing key issues raised in the 2023 general elections report, and mapping out strategies for implementation of recommendations ahead of the 2027 general elections in Nigeria.


Responding, the IGP appreciated the delegation for the visit, highlighting the critical role of the Nigeria Police Force plays in safeguarding the electoral process. He further stated that the Force’s responsibility in electoral process spans across three distinct phases: pre-election duties, which involve managing peaceful campaigns and resolving conflicts; election day operations, including adequate deployment of personnel, escorting and protection of electoral materials; and post-election duties, such as maintenance of law and order to prevent post election violence, profiling of electoral offenders, investigations while prosecuting offenders. He emphasized the Force’s commitment to neutrality, fairness, impartiality, professionalism, and ensuring the credibility of elections across the country.


The Inspector-General reaffirmed that the commitment Nigeria Police Force under his leadership remains dedicated to upholding democratic values by ensuring  free, fair elections across the country. He reiterated the importance of sustained collaboration between electoral commissions and security agencies, while also noting the positive feedbacks received from international observers regarding the activities of the Police Force during recent elections.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI

‎FORCE PUBLIC RELATIONS OFFICER,

‎FORCE HEADQUARTERS,

‎ABUJA.

‎

‎30TH JULY, 2025.

More photos below. 




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