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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LAGOS MOJ, CSC SECURE COMMUNITY SERVICE SENTENCE FOR OFFENDERS. (PHOTOS). #PRESS RELEASE

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 LAGOS MOJ, CSC SECURE COMMUNITY SERVICE SENTENCE FOR OFFENDERS


In line with its reform agenda and commitment to decongesting correctional facilities across the State, the Lagos State Ministry of Justice, through its Restorative Justice Centre (RJC), in collaboration with the Non-Custodial/Community Service Centre, has secured a community service sentence for two bakery workers alleged to have stolen from their employer.


The workers were accused of stealing five loaves of bread, with their employer insisting they must be prosecuted in court. However, under the Ministry’s innovative sifting process at the Magistrate Courts, a District Prosecutor reviewed the matter and referred both parties to the Restorative Justice Centre instead of filing charges.


Following a successful mediation at the centre, the parties reached an agreement whereby the offenders would serve two weeks of community service, which commenced immediately


This resolution highlights the Ministry’s proactive approach to fostering dialogue, reconciliation, and accountability, while demonstrating the effectiveness of restorative justice in resolving minor offences.

More photos below. 






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