Tuesday, 19 June 2018

Tag Archives: billionaire

Billionaire Modi flees to UK, claiming political asylum

NEW DELHI: Nirav Modi, the billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled to the UK, where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials. Britain’s Home Office said it does not provide ...

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Billionaire jeweler denies involvement in huge Indian bank fraud

NEW DELHI: Indian billionaire jeweler Nirav Modi, one of the prime accused in the country’s largest ever bank fraud, denies allegations leveled against him by Punjab National Bank (PNB), his lawyer said on Tuesday. “There is nothing, there is nothing in it,” Vijay Aggarwal, a lawyer representing Modi, told Reuters, ...

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Freedom of Arrested Saudi Billionaire Prince Talals Priced At $6 Billion

After weeks of deafening silence surrounding the fate of Saudi Arabia’s richest man, Prince al-Waleed Bin Talal, arrested last month in an anti-corruption purge, it has emerged authorities in the Gulf monarchy are seeking at least $6 billion for his release. The 62-year-old head of the Kingdom Holding Co. was rounded up ...

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Mystery shrouds death of Canadian billionaire couple

TORONTO: Mystery has shrouded the unexplained deaths of an enormously wealthy Canadian couple, who gave away much of their fortune from a generic drug business. The bodies of the couple, Barry and Honey Sherman, were found Friday inside their mansion in an upscale neighbourhood of northern Toronto. Aside from describing ...

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Amazon’s Jeff Bezos becomes world’s richest

Amazon Inc Chief Executive Jeff Bezos has unseated fellow tech billionaire Bill Gates as the richest person in the world, profiting from the e-commerce company’s meteoric stock rise to reach a fortune of $90.6 billion (69.30 billion pounds). Amazon shares jumped 1.6 percent at the start of trading on Thursday, ...

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Scottish billionaire car dealer Sir Arnold Clark dies

GLASGOW: Sir Arnold Clark, the founder of Britain’s biggest independent group of car dealerships, has died at the age of 89. The billionaire was born in Glasgow, where he set up his first showroom in 1954. A statement said he had passed away peacefully, “surrounded by his family”. It added ...

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Instagram models jailed for extorting Nigerian billionaire

TWO POPULAR Instagram models have been jailed for extorting a Nigerian billionaire as well as other wealthy men. Jyoti and Kiran Matharoo were high-end prostitutes and claimed that they had evidence of these men cheating on their wives. They would then demand money in order to keep their claims private, ...

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Donald Trump lashes out over ‘phony’ Russia dossier claims

NEW YORK: Donald Trump attacked US intelligence agencies and the media as he denied explosive allegations about his ties to Russia, despite admitting for the first time that Moscow had likely meddled in the US election. Just over a week before he takes office, Trump said he had ceded “complete” ...

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