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...

PRESIDENT TINUBU CONSTITUTES INTER-MINISTERIAL COMMITTEE FOR STATE BURIAL OF FORMER PRESIDENT MUHAMMADU BUHARI.(PHOTOS). #PRESS RELEASE.


 *OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION*   

                                                                                                     

*PRESS STATEMENT*


PRESIDENT TINUBU CONSTITUTES INTER-MINISTERIAL COMMITTEE FOR STATE BURIAL OF FORMER PRESIDENT MUHAMMADU BUHARI


President Bola Ahmed Tinubu, GCFR, has approved the constitution of an Inter-Ministerial Committee for the State Funeral of former President Muhammadu Buhari, GCFR.


The Committee, which is chaired by Secretary to the Government of the Federation, Sen. George Akume, CON, is tasked with the responsibility of planning and coordinating a befitting state burial for the late elder statesman. Other Members of the Committee include the following: 


i. Honourable Minister of Finance and Coordinating Minister of the Economy


ii. Honourable Minister of Budget and Economic Planning


iii. Honourable Minister of Defence; 


iv Honourable Minister of Information and National Orientation


v.  Honourable Minister of Works


vi. Honourable Minister of Interior


vii. Honourable Minister of FCT


viii. Minister of Housing and Urban Development


ix. Minister of State for Health and Social Welfare;


x. Honourable Minister of Art, Culture and Creative Economy.


xi. National Security Adviser


xii. Special Adviser to the President on Policy and Coordination


xiii. Senior Special Assistant to the President on Political and Other Matters;


xiv. Inspector General of Police


xv. Director-General, Department of State Services (DSS)


xvi. Chief of Defence Staff


The Office of the Permanent Secretary, General Services Office (GSO), will serve as the Secretariat to the Committee.


In honour of the late President Muhammadu Buhari, President Tinubu has also directed all Ministries, Departments and Agencies (MDAs) to open condolence registers at the entrance of their respective offices for the public to pay their respects to the late Elder Statesman.


Additionally, a central condolence register for the diplomatic community and the general public will be opened at the Ministry of Foreign Affairs and the Bola Ahmed Tinubu International Conference Centre, Abuja.


Further briefings will follow as the days unfold


*Segun Imohiosen*

Director, Information and Public Relations

 *14th July, 2025*.

More photos below. 




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