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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UNN MURDER CASE: TWO PRINCIPAL MALE SUSPECTS ARRAIGNED AND REMANDED IN CORRECTIONAL CUSTODY. (PHOTO). #PRESS RELEASE.

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 ENUGU STATE POLICE COMMAND


PRESS RELEASE


UNN MURDER CASE: TWO PRINCIPAL MALE SUSPECTS ARRAIGNED AND REMANDED IN CORRECTIONAL CUSTODY


The Enugu State Police Command wishes to inform the public that two principal male suspects, Ezema Onyedikachi (aged 27) and Ugwu Chigozie Anthony (aged 21), who were arrested for allegedly stabbing and murdering one Nweze Chiebonam (male, aged 29), during a bonfire night event at the University of Nigeria, Nsukka (UNN), have been arraigned in court and remanded in correctional custody. They were arraigned on a two-count charge of conspiracy and murder.


Recall that the Faculty of Arts, Department of Archaeology/Heritage Studies, organized the bonfire night on 12th September 2025, which was attended by students and invited guests, including the suspects and the deceased. However, at about 3 a.m. the following day, while attendees were leaving the venue, the vehicle of Ugwu Anthony had a minor accident with that of the deceased. The incident led to a fight involving the suspects and the deceased but was later resolved.


Further investigation revealed that the suspects initially left the venue but later conspired, armed themselves with a dagger, and returned to attack the deceased. In the course of the assault, Ezema Onyedikachi collected the dagger from Ugwu Anthony and stabbed Nweze Chiebonam fatally in the chest. He was rushed to the hospital, where he was confirmed dead by the attending doctor. The dagger used in committing the crime was recovered.


The Commissioner of Police, Enugu State Command, CP Mamman Bitrus Giwa, psc, has commiserated with the family of the deceased, describing the incident as both unfortunate and avoidable. He further cautions citizens, particularly the youths, to eschew violence, exercise self-control, and resolve disputes peacefully.


SP DANIEL NDUKWE, anipr, mnisma

Police Public Relations Officer,

Enugu State Command,

State Headquarters,

GRA, Enugu.

25th September 2025

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