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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UPDATE: 'NORTHERN GOVERNORS LAUNCH LANDMARK REGIONAL SECURITY TRUST FUND WITH N1BN MONTHLY CONTRIBUTIONS PER STATE' . (PHOTO). #PRESS RELEASE

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 'Northern Governors Launch Landmark Regional Security Trust Fund with N1bn Monthly Contributions Per State' 


COMMUNIQUÉ ISSUED AFTER THE JOINT MEETING OF THE NORTHERN STATES GOVERNORS' FORUM AND THE NORTHERN TRADITIONAL RULERS' COUNCIL HELD ON MONDAY, 1ST DECEMBER, 2025 AT THE KASHIM IBRAHIM HOUSE,  KADUNA 


The Northern States Governors' Forum and the Northern Traditional Rulers' Council convened a joint meeting today, Monday,  1st December, 2025 at the Council Chamber, Sir Kashim Ibrahim House, Kaduna 


The meeting was attended by Their Excellencies, the Governors of the 19 Northern States and Their Royal Highnesses, The Chairmen of the 19 Northern States Traditional Rulers' Councils. After exhaustive deliberations on critical issues of common interest impacting both the region and the nation, the Forum hereby presents the following communiqué:


1. The Forum commends all members and our Royal Fathers for their steadfast commitment to the unity, security, stability and development of the region. At this pivotal juncture in our history, we recognise that only through unity, peer review and cooperation can we overcome the pressing challenges before us. Accordingly, we reaffirm our resolve to confront these challenges with firmness and clarity in order to fulfill our constitutional responsibility.


2. The Forum extends its deepest condolences and solidarity to the Governments and good people of Kebbi, Kwara, Kogi, Niger, Sokoto, Jigawa and Kano States following the recent killings and abductions of school children and other innocent citizens, as well as to the victims of the Boko Haram attacks in Borno and Yobe States.


3. The Forum commends the Federal Government, under the leadership of President Bola Ahmed Tinubu, GCFR, for leaving no stone unturned in ensuring the prompt release of some of the abducted children and in handling other security challenges. We equally commend the sacrifices of our servicemen in uniform who continue to battle various forms of violent insurgencies across the country.

Consequently, the Forum resolved to renew its support for every step to be taken by the President and Commander- In-Chief of the Armed Forces, Federal Republic of Nigeria in taking the fight against insurgents to their enclave in order to bring an end to the criminality.


4. The Forum reaffirms its wholehearted support and

commitment to the establishment of State Police.Accordingly, the Forum encourages National and States Assembly Members in the region to expedite action for its actualisation.


5. The Forum observed that illegal mining has become a major contributory factor to the security crises in Northern Nigeria, the Forum therefore resolved to strongly recommend to the President to direct the Hon. Minister of Solid Minerals to suspend mining exploration for a period of 6 (six) months to allow proper audit. Subject all mining Licences to revalidation for a period of six months in activeconsultation with the various State Governors and in the process arrest the menace of artisanal illegal mining.


6. In order to effectively confront the security crises in the North, the Forum resolved to set-up a regional Security Trust Fund to be funded with monthly contribution of One Billion Naira from each state and local governments to be deducted at source under a framework to be agreed upon.


7. Forum resolved to reconvene on a date to be communicated.


Signed:


Muhammadu Inuwa Yahaya, CON 

Governor of Gombe State/ Chairman of Northern States Governors' Forum

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