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...

CDS’ WIFE COMMISSIONS 38-BED MATERNITY CENTRE IN KADUNA. (PHOTO).


 CDS’ Wife Commissions 38-Bed Maternity Centre In Kaduna


The President of the Defence and Police Officers’ Wives Association (DEPOWA), Mrs. Oghogho Gwabin Musa, has inaugurated a new 38-bed maternity centre at the Nigerian Defence Academy (NDA) Hospital in Afaka, Kaduna State.


The project, according to Brig.-Gen. Tukur Gusau, Director of Defence Information, was funded and equipped by the NDA 38 Regular Course Alumni Association to strengthen healthcare delivery within the academy and nearby communities.


Designed to provide childbirth, antenatal, postnatal, and family planning services, the facility includes consulting rooms, an operating theatre, and other modern medical equipment.


Mrs. Musa, who had earlier performed the groundbreaking for the project in January, described the initiative as a significant contribution to the welfare of military officers, their families, and the host community.


The chairman of the project committee, retired Rear Adm. Murtala Bashir, praised members’ spouses—known as the “Unique 38 Ladies”—for their continued support and urged them to remain committed to the cause.


The maternity centre was formally handed over to NDA Commandant, Maj.-Gen. Abdul Ibrahim, by the President of the 38 Regular Course Association, retired Maj.-Gen. Solomon Udounwa.


The commissioning ceremony was attended by Vice-President Kashim Shettima’s representative, Deputy Chief of Staff to the President, Sen. Ibrahim Hadeja, alongside service chiefs’ representatives, DEPOWA members, and serving and retired senior military officers.

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