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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TRUMP ADMINISTRATION REVERSES VISA RESTRICTIONS ON GHANA AFTER DEAL ON US DEPORTEES. (PHOTO).

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 Trump administration reverses visa restrictions on Ghana after deal on US deportees


The United States has reversed its visa restrictions on Ghana, its foreign minister said, as the west African nation emerges as a key deportation hub in President Donald Trump's immigration crackdown.


Earlier this month, Ghanaian President John Mahama revealed that the country was accepting West Africans deported by the United States.


US President Donald Trump has made so-called "third-country" deportations a hallmark of his anti-immigration crackdown, sending people to countries where they have no ties or family.


Accra has insisted it has received nothing in return for taking in the deportees, though Mahama acknowledged that the deal was struck as relations were "tightening", with Washington imposing tariffs as well as visa restrictions in recent months.


"The US visa restrictions imposed on Ghana" have been "reversed", Ghanaian Foreign Minister Samuel Okudzeto Ablakwa said.


‘Good news’


In a post on X, Ablakwa said the "good news" was delivered by US officials on the sidelines of the United Nations General Assembly.


The reversal was the result of "months of high-level diplomatic negotiations", Ablakwa said.


In June, the United States announced restrictions on most visas for nationals from Cameroon, Ethiopia, Ghana and Nigeria, restricting them to three months and a single entry.


"Ghanaians can now be eligible for five-year multiple entry visas and other enhanced consular privileges," Ablakwa said.


At least 14 west Africans have been sent to Ghana since the beginning of September, though neither Accra nor Washington has made details of the arrangement public.

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