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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SUDAN'S ARMY SAYS RSF ATTACK THWARTED IN EL-FASHER. (PHOTO).

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 Sudan's army says RSF attack thwarted in El-Fasher


The Sudanese army said on Sunday that its forces repelled an attack by the paramilitary Rapid Support Forces (RSF) on El-Fasher, the capital of North Darfur state in western Sudan, Anadolu Agency reported.


A military statement said personnel and material damage were reported among RSF forces in the attack that targeted the city’s northeastern and southwestern parts.


There was no comment from the rebel group.


El-Fasher is a vital hub for humanitarian operations in Darfur, but has been under a strict RSF siege and recurrent clashes for more than a year, despite international efforts to broker a humanitarian truce and allow aid deliveries.


The army and the RSF have been fighting a civil war since April 2023 that has killed thousands of people and displaced millions, according to the UN and local authorities.

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