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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NCPC BOSS URGES INTENDING CHRISTIAN PILGRIMS TO PRAY FOR NIGERIA AND THE LEADERSHIP PRESIDENT. (PHOTO).

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 NCPC BOSS URGES INTENDING CHRISTIAN PILGRIMS TO PRAY FOR NIGERIA AND THE LEADERSHIP PRESIDENT


The Executive Secretary of the Nigerian Christian Pilgrim Commission NCPC Bishop Stephen Adegbite has enjoined the intending Christian Pilgrims to Israel and Jordan, comprising Imo and Adamawa states to uphold President Bola Tinubu, the Vice President, Senator Kashim Shettima as well as the First Lady of Nigeria, Senator Oluremi Tinubu in prayer while in the holy land.


He made this while addressing the departing intending Christian Pilgrims at the Pilgrims Terminal of the Nnamdi Azikiwe International Airport, Abuja.


He revealed that President Bola Tinubu has been very supportive of the cause of Pilgrimage in Nigeria both Christian and Muslim Pilgrimages.


He further urged them to remember Nigeria in prayer while in the Holy Land, as the country marks its 65th anniversary of nationhood.


He emphasised that the Commission would continue to strive for zero abscondment of Pilgrims during the Pilgrimage, hence it has put every mechanism in place to checkmate it.


The third batch of intending Christian Pilgrims landed safely at the Queen Alia International Airport, Amman, Jordan, to begin their 10-day Pilgrimage program in Jordan and Israel.

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