NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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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 and will continue to engage with legal proceedings while working to clarify his position. Hybe officials say Bang denies any wrongdoing.

He has been under a travel ban since August while the investigation continues.

The case comes at a sensitive moment for Hybe, as BTS has recently returned to global touring following a multi-year hiatus during which its members completed mandatory military service in South Korea. The group has resumed major performances in Asia and is preparing for additional international shows.

Bang founded Hybe in 2005, transforming it into one of South Korea’s most influential entertainment companies and expanding its reach globally. Under his leadership, the company has grown beyond K-pop, investing heavily in international talent and partnerships.

In recent years, Hybe has also faced internal disputes and leadership conflicts involving subsidiaries and artists, adding to broader challenges within the company.

The investigation into Bang marks one of the most significant legal challenges yet for the executive, whose role has been central to the global rise of K-pop.


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