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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TRIBUTE TO LATE PRESIDENT MUHAMMADU BUHARI- MARWA. (PHOTO). #PRESS RELEASE.

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 Tribute to Late President Muhammadu Buhari


It is with profound sorrow that my family and I mourn the passing of former President Muhammadu Buhari, a true statesman, patriot, and servant-leader who dedicated his life to the service of our great nation. His tenure was marked by unwavering commitment to duty, courage in the face of adversity, and an abiding sense of responsibility to the Nigerian people.


Former President Buhari will be remembered for his steadfast efforts to restore discipline in governance, and pursuit of security and stability during some of the most challenging periods in our national history. His administration championed infrastructural development, advanced agricultural reform, and sought to lay the groundwork for self-sufficiency and national pride.


He possessed the rare ability to inspire calm amidst uncertainty and to lead with quiet resolve. His integrity, simplicity, and personal discipline set him apart as a leader whose actions often spoke louder than words. Through the years, his dedication to public service was evident, in his early days as military Head of State and later as a democratically elected President who returned to power with a vision of national rebirth.


Beyond the realm of politics, former President Buhari was known for his humility and his deep faith. He remained a man of principle, guided by a strong moral compass and a genuine concern for the well-being of ordinary citizens. His leadership was rooted in service, and his legacy will endure in the hearts and memories of Nigerians who believed in his vision of a stronger, and more just nation.


As we mourn his passing, we extend our heartfelt condolences to his beloved family. We stand with them in grief, offering our thoughts, prayers, and support during this time of profound loss.


His legacy shall continue to inspire generations to come, and history will remember him kindly.


May the Almighty Allah, in His infinite mercy, grant the soul of our departed leader Al-Jannah Firdaus.


 


Brig Gen MB Marwa (Rtd) CON, OFR


Chairman/Chief Executive Officer


National Drug law Enforcement Agency (NDLEA)


Monday 14th July 2025

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