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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NIGER PASSES RESOLUTION FOR CITIZEN CALL-UP IN FIGHT AGAINST TERRORISM. (PHOTO).

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 Niger passes resolution for citizen call-up in fight against terrorism


Niger has approved a general mobilisation and the requisition of people and goods to fight terrorism, according to a government statement.


Niger's transitional government adopted the mobilisation and requisition measures at a cabinet meeting.


"People, property, and services may be requisitioned during general mobilisation to contribute to the defence of the homeland, in compliance with the legislation and regulations in force," a government statement said, AFP reported.


"Every citizen is required to respond immediately to any call-up or recall order, to comply without delay with the implementation of measures for the defence of the homeland, and to submit to requisition," it added.


Long fight


The measures were required by the need to "preserve the integrity of the national territory" and "protect the population", the statement further said.


The country has been fighting terrorism for a decade now, waged by terrorists allied to Al-Qaeda.


The terrorists have claimed the lives of around 2,000 people over that period, according to ACLED, an NGO that monitors conflicts.


Niger's southeast has also been targeted by Boko Haram.


Increased military size


Niger's mobilisation plan comes five years after the country doubled the size of its military to 50,000 troops, and raised the retirement age for ranking officers to 52 years from 47.


The government has also been urging citizens to make "voluntary" contributions to a fund started in 2023 that helps pay for military hardware and agricultural projects.


Niger, Mali and Burkina Faso – all the three under transitional rule – have created a joint anti-terrorism force of 5,000 troops.

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