INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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NAIRA MARLEY TO SUE K-SOLO FOR DEFAMATION OF CHARACTER OVER MOHBAD’S DEATH.(PHOTO).

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Naira Marley to sue K-Solo for defamation of character over Mohbad’s death

Singer Afeez Fashola, popularly known as Naira Marley, has threatened lawsuits against Nigerian record producer, Solomon Oyeniyi a.k.a K-Solo.

 The record producer had in September accused Naira Marley of having a hand in the tragic death of his former signee, Mohbad.
Speaking on Channels TV’s programme, Rubbin’ Minds, K-Solo said: “Naira Marley can’t tell me he is not involved. He has a hand in Mohbad’s death.
However, responding in a statement released on Thursday, Naira Marley media team disclosed that it will be initiating legal action against K-Solo for ‘defamation of character’.
The team also threatened to sue anyone who makes any allegation against the singer henceforth.
“The legal team representing Naira Marley will be initiating legal action against K-Solo for defamation of character. It is essential to emphasize that making unfounded allegations and false statements can have far-reaching consequences.
“Accusations of this nature not only tarnish the image of the accused but also perpetuate baseless claims that have spread like wildfire because elements like K-Solo and others (especially two known actresses) have spearheaded the campaign of calumny against the person of Naira for reasons best known to them.
“In the past, we kept quiet because we wanted to honour the memory of the dead and honour the relationship with him but we realized many people are setting a negative agenda and spreading a negative narrative against Naira Marley. We will no longer fold our hands and watch people with a negative agenda drag Naira Marley.
“From this moment on, anyone who alleges must present concrete proof not only on the Internet but also in a Court of Law. Every falsehood and rumor will be met with severity and full weight of the law.”

 

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