Khabib Nurmagomedov: Khabib Nurmagomedov, the former UFC lightweight champion, finds himself in the midst of financial controversies once again. Have been seen his involvement and interaction with Zakir Naik, a fugitive preacher accused of money laundering and inciting hatred in India. Naik, who has been in the center of legal troubles, once posted pictures on social media, showcasing his encounter with the renowned mixed martial artist.
Read Also | UFC Schedule: Which UFC Fighters Are Competing This Weekend?
The controversy surrounding Zakir Naik began in November 2016 when the Indian counter-terrorism agency lodged a formal complaint against him, alleging his involvement in unlawful activities and promoting religious intolerance. In response, Naik relocated to Malaysia in 2017 and sought asylum, eventually being granted legal residence there.
Naik is now among the 16 Muslim intellectuals from Malaysia who are currently exiled. In March of this year, the Home Ministry of India declared the Islamic Research Foundation (IRF), founded by Naik, an unlawful group, imposing a five-year ban.
Khabib Nurmagomedov, known for his successful career in the UFC and his estimated wealth of $1.2 billion, is the main owner of Summa Group, a private investment company with diverse investments in sectors such as telecommunications, construction, port logistics, and oil and gas. Summa Group employs over 10,000 individuals in approximately 40 regions across Russia.
However, the financial controversies surrounding Khabib Nurmagomedov are not limited to his association with Zakir Naik. In a separate incident, a court extended the detention period of Khabib’s brothers until March 30, 2019. Magomedov, who was detained on March 31, 2018, was charged with embezzling over 2 billion rubles (approximately $38 million) and organizing a criminal gang. The investigation against Magomedov began before his arrest, focusing on allegations of embezzlement during the construction of a World Cup stadium in Kaliningrad, which his company, Summa Group, won the rights to build in 2014. If found guilty, Magomedov could face up to 20 years in prison.
Adding to the financial controversies surrounding Khabib Nurmagomedov, a recent complaint was filed against him for “NFT fee payments” of $1.8 million. According to OffShoreAlert The complaint was filed by Khabib Nurmagomedov, described as a Russian “world-famous athlete and entrepreneur” residing in Nevada, against LegionFarm Inc., a California-based gaming platform firm. The lawsuit alleges that LegionFarm failed to pay Nurmagomedov his share of the revenue from the sale of non-fungible tokens (NFTs) featuring his likeness.
These financial controversies have undoubtedly cast a shadow over Khabib Nurmagomedov’s reputation. While his success in the UFC brought him fame and fortune, his associations and legal entanglements have raised questions about his business dealings and financial decisions. As the legal proceedings unfold, it remains to be seen how these controversies will impact his legacy both inside and outside the octagon.
It is important to note that the information provided in this article is based on the available sources and allegations at the time of writing. As the situation develops, further details may emerge, potentially shedding more light on the controversies surrounding Khabib Nurmagomedov’s financial affairs.
Follow InsideSport on GOOGLE NEWS / For UFC News updates with InsideSport.IN
