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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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FCT POLICE FOIL PLANNED ATTACK, NEUTRALIZE NOTORIOUS BANDITS, RECOVER ARMS AND AMMUNITION.(PHOTOS). #PRESS RELEASE.

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 PRESS RELEASE

FCT POLICE FOIL PLANNED ATTACK, NEUTRALIZE NOTORIOUS BANDITS, RECOVER ARMS AND AMMUNITION.


The FCT Police Command has successfully averted a planned large-scale attack on a community within the Territory, following credible intelligence and a coordinated tactical operation by the Command’s Anti-Kidnapping Unit.


This breakthrough follows recent kidnapping incidents recorded in ACO Community, Gwagwalada, and Bwari, which prompted the Commissioner of Police, FCT Command, to direct the Anti-Kidnapping Unit to intensify efforts to dismantle the criminal syndicate responsible.


Intelligence later revealed that the gang had concluded plans to launch another violent attack on a community on or before December 1, 2025, with the intention to abduct residents, demand ransom, and inflict further harm on the community.


Acting swiftly on this intelligence, FCT Police operatives on 30th November 2025 at about 02:11 PM, traced and arrested one of the key conspirators, a wanted kidnapper and armed robbery suspect named Sani Mohammed Umar a.k.a. Boko, and his mobile phone, suspected to be the primary device used in coordinating the criminal operations was recovered from him.


Investigations confirmed that the suspect belonged to the gang responsible for the previous attacks and kidnappings in ACO and Dupa and Gwagwalada, as well as multiple armed robbery incidents across Gwagwalada, Kuje, and Kwali. He also admitted that his gang members were waiting for him at Gada Biyu Hills, Kwali, where they had converged to commence their next planned community attack.


At about 11:01 PM, the Anti-Kidnapping team, led by the OC-Anti-Kidnapping, tactically advanced into the forest, reached the gang’s meeting point, and laid a well-planned ambush. On sighting the operatives, the heavily armed bandits opened fire. The Police responded decisively, engaging the criminals in a fierce 30-minute gun duel, during which three (3) of the bandits were neutralized.

While other gang members escaped with suspected gunshot wounds.


Items recovered from the scene include:

• Three (3) AK-47 rifles

• Three magazine with thirty-three (33) rounds of 7.62mm live ammunition.


A joint operation involving Police operatives and the Forward Operation Base (FOB) of the Nigerian Army, 176 Battalion, Kwali, is ongoing, with teams combing the forest and blocking all escape routes. Medical facilities across the area have been alerted to report any individual presenting with bullet wounds to the nearest security agency or contact the Command via 08032003913, 08061581938.


The Commissioner of Police, FCT, commends the gallantry and professionalism of the Anti-Kidnapping Unit and appreciates the valuable intelligence provided by members of the public. He urges residents to remain vigilant and continue to supply timely information.


SP Josephine Adeh anipr. mipra.,

Police Public Relations Officer,

FCT Police Command,

Abuja.

1st December 2025..

More photos below. 






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