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...

LEBANON SAYS IT DOES NOT WANT WAR WITH ISRAEL. (PHOTO).


 Lebanon says it does not want war with Israel


Lebanese President Joseph Aoun told a UN Security Council delegation on Friday that Lebanon seeks diplomacy, not war, amid ongoing tensions with Israel. He urged international support for the Lebanese army’s plan to disarm non-state groups like Hezbollah, while stressing the Lebanese people are “tired of military confrontations.”


Hezbollah backed diplomacy but criticized civilian involvement in talks. The ceasefire-monitoring committee, including civilian representatives, will resume meetings on December 19, as Israel continues strikes in southern Lebanon.

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