Prosecution Again Rejects Arrest Warrant Request for Hybe Chairman
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2 Articles
Prosecution again rejects arrest warrant request for Hybe chairman
Prosecutors said Thursday they have again rejected a police request for an arrest warrant for Bang Si-hyuk, chairman and founder of K-pop powerhouse Hybe, citing a lack of supplementary investigation into his alleged unfair stock trading case. The Seoul Southern District Prosecutors Office said it sent the warrant request for Bang, who is under suspicion of violating the Capital Markets Act, back to the police on Wednesday after it was refiled l…
Police Reapply for Arrest Warrant for HYIVE Chairman Bang Si-hyuk The Seoul Metropolitan Police Agency's Financial Crimes Investigation Unit reapplied for an arrest warrant on the 30th of last month against HYIVE Chairman Bang Si-hyuk, who is suspected of fraudulent trading under the Capital Markets Act for deceiving shareholders into selling their shares during the company's listing process to pocket profits. The police...
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