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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IGBARIAM ELECTS ENGR CHIOKWE AS PRESIDENT GENERAL FOR A TERM OF TWO YEARS. (PHOTOS).

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Igbariam  Elects Engr Chiokwe As President General for a term of two years. 


Igbariam community in Anambra East Council Area has elected Mr Ifesinachi Chiokwe as President General of Igbariam Improvement Union.


The election which took place at Saint Anthony's Catholic Church field, Igbariam, saw members of Ndi Ichie, Ojiana, Irunabo, ruling council and youths of the community troop out en masse to choose among the many candidates jostling for different positions in the executive of the union.


The election conducted with Option A-4 and under the supervision of Anambra State Ministry of Chieftaincy Matters and Community Affairs and Anambra State Town Union Council, ASTUC, saw Mr Chiokwe poll 519 votes, followed by Barrister Cletus Iloegbunam who got 465 votes and Dr Onwuatuegwu Nnaeke who got 123 while Amakom Okoye trailed with 29 votes. 


Addressing Ndi Igbariam after the exercise, a representative of Ministry Of Local Government, Chieftancy and Community Affairs, Comrade Henry Nwasike commended the community for a seemless excercise and advising the winner to carry everyone along in the new government.


In his acceptance speech, the new President General, Mr Chiokwe promised Ndi Igbariam not to  disappoint them; to restore peace and attract development that will stand out. 


One of the candidates, Dr Nnaeke advised Mr Chiokwe to live up to his manifesto to the community as people are looking up to him to fulfill his promises. 


A stakeholder in the community, Chief Lawrence Anikpe commended Governor Chukwuma Soludo for the relatively peace witnessed in communities in the state stating that Igbariam is a big community with one voice and has spoken through their vote.

More photos below. 




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