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

ABIOLA'S FAMILY FEUD EXPLODES: "I WILL NEVER FORGIVE KOLA, " SAYS ABDULMUMUNI. (PHOTO).


 Abiola's family feud explodes: "I will never forgive Kola," says Abdulmumuni


The family of late Nigerian billionaire and political icon, MKO Abiola, has been thrust into turmoil, as Abdulmumuni, the youngest son of the late philanthropist, declared he would never forgive his eldest stepbrother, Kola Abiola, over the way their mother’s children were treated in their father’s will.

Speaking candidly during a revealing interview on the “Mic On Podcast,” hosted by Seun Okinbaloye of Channels TV, Abdulmumuni expressed his deep-seated frustration and pain.

When questioned about why some of Abiola’s children are struggling financially despite the enormous wealth left behind by their father, Abdulmumuni didn’t hold back.

“Let me give you some background on that,” he began. “We did blood tests, so we had a list of qualifying children. If you look at the will and see how systematic it is, he names the wives and apportions the money to them. My mum was number two, Kudirat Olayinka Abiola. I think she was apportioned £150,000.”

But according to Abdulmumuni, the distribution of the inheritance was anything but fair. He described how Kola, as the executor of the will, refused to release the funds, using British law as a justification.

“At the time, Kola had sighted the fact that my mum died before my dad died, and because of that, British law would not allow him to release the £150,000 to us. He also said that his mum too is dead and he didn’t get the £300,000 for his mother. But you are the one sharing the money, so it’s odd… If he wanted to, he could have given us the money.”

Abdulmumuni painted a vivid picture of the hardships he and his siblings endured after the death of their parents, particularly feeling the sting of their mother’s inheritance being withheld. “It would have been useful to us to have that fund,” he said somberly.

Most shocking was Abdulmumuni’s revelation about their mother’s apartment in the UK. “Not to mention my mum’s apartment in the UK, before we knew anything, Kola had sold it without telling my brothers or my sister anything about it. So you can see that they were systematic to try to impoverish my mum’s side of the family. And for that reason, I don’t think I will be able to forgive him (Kola).”

Abdulmumuni accused Kola of targeting his mother’s side of the family while ensuring the other wives of MKO Abiola received their rightful dues. “The last part of the will that applied to me and my existence has not been addressed,” he added, recalling the deep financial struggles he and his siblings faced in their youth.

“We couldn’t afford to buy proper shoes for school, so my sister had to take me to Payless. I didn’t understand that and then I’m finding out that we had an apartment in the UK that we could have rented and could have been bringing money for both.”

Abdulmumuni shared painful memories of how his siblings had to scrape by to make ends meet. “My sister Kafilah used to do braids so we could pay for food. Hafsah was making speeches at universities at, like 20, had to fly across America, just to make $100, $200,” he lamented.

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