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

MOHBAD DID NOT LEAVE ANY WILL BEHIND- MANAGEMENT TACKLES SINGER'S FATHER.(PHOTO).


Mohbad did not leave any will behind - Management tackles singer's father

The management of the late singer, Ilerioluwa Aloba, popularly known as Mohbad, has debunked claims made by his father that the singer left a will behind.

Mohbad’s dad, Joseph Aloba, had, in a recent interview, claimed that his son wrote a will before his death.

However, reacting in a statement shared via the late singer’s Instagram page on Monday, his management described the claim as “false and misleading.”

The statement partly read: “No members of Mohbad’s management or his Lawyer have communicated the existence of a will or any such thumb-printed document (as has recently been FALSELY reported) to any member of the family or the public.

”We would like to state with certainty that if any such document did exist, it would have been duly registered with the Probate Registry. We therefore plead with everyone to refrain from sharing false and misleading statements like this.”

The management noted that “All accounts owned and controlled by Imole during his lifetime were immediately put on a Post No Debit order on the 12th of September, 2023. This order remains valid till date.”

The management added that the accounts “will be properly handed over to the family upon resolution of the internal dispute”.

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