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RUSHES: Music: Akon interview

Music: Akon interview; Part 4 of 5 ENGLAND: London: GIR: INT Akon (singer and entrepreneur) STUDIO INTERVIEW SOT Presenter SOT: "On Akon city, one of your previous business partners has accused it of being a Ponzi scheme - is there any danger that confidence is being lost ?" Akon (singer and entrepreneur) SOT: "no not at all - he's an old business partner - unfortunately you know we had a bad breakup, and he was utilising the media as a way of trying to destroy me or put negative information out there, you know to kinda question my credibility - but nothing stopped anything-" Presenter SOT: "Has your dispute resolved then? or are..." Akon (singer and entrepreneur) SOT: "It's completely resolved (nods affirmatively) - completely 100 percent resolved - " Presenter SOT: "-has he been paid?" Akon (singer and entrepreneur) SOT: "I wouldn't say he has been paid - he was always paid - he wanted to continue doing business with me in certain sectors and I just refused - and unfortunately that was the punishment that I had to pay for saying no" Presenter SOT: "Now perhaps what's most intriguing - the city is supposed to be being driven by a crypto currency which is already live - ACOIN-" Akon (singer and entrepreneur) SOT: "Right - That was when the project started, there has been some changes (laughs) - unfortunately because of the, you know, the volatility of cryptocurrency and not knowing where it is at today - we had to change complete directions on it because - ultimately now we are getting real investments from some major situations and we wanted to make sure that we kept the trust that the people have invested in the city - and the least thing I wanted to do - last thing actually, was to create a risk factor for the people that is believing in this project, so we decided to delete the crypto side of it and the city until the development of it - until even myself is more confident is more crypto is going before we add it to the...
Music: Akon interview; Part 4 of 5 ENGLAND: London: GIR: INT Akon (singer and entrepreneur) STUDIO INTERVIEW SOT Presenter SOT: "On Akon city, one of your previous business partners has accused it of being a Ponzi scheme - is there any danger that confidence is being lost ?" Akon (singer and entrepreneur) SOT: "no not at all - he's an old business partner - unfortunately you know we had a bad breakup, and he was utilising the media as a way of trying to destroy me or put negative information out there, you know to kinda question my credibility - but nothing stopped anything-" Presenter SOT: "Has your dispute resolved then? or are..." Akon (singer and entrepreneur) SOT: "It's completely resolved (nods affirmatively) - completely 100 percent resolved - " Presenter SOT: "-has he been paid?" Akon (singer and entrepreneur) SOT: "I wouldn't say he has been paid - he was always paid - he wanted to continue doing business with me in certain sectors and I just refused - and unfortunately that was the punishment that I had to pay for saying no" Presenter SOT: "Now perhaps what's most intriguing - the city is supposed to be being driven by a crypto currency which is already live - ACOIN-" Akon (singer and entrepreneur) SOT: "Right - That was when the project started, there has been some changes (laughs) - unfortunately because of the, you know, the volatility of cryptocurrency and not knowing where it is at today - we had to change complete directions on it because - ultimately now we are getting real investments from some major situations and we wanted to make sure that we kept the trust that the people have invested in the city - and the least thing I wanted to do - last thing actually, was to create a risk factor for the people that is believing in this project, so we decided to delete the crypto side of it and the city until the development of it - until even myself is more confident is more crypto is going before we add it to the...
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Credit:
Editorial #:
1453107365
Collection:
ITN
Date created:
December 05, 2022
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License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:04:49:03
Location:
United Kingdom
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QuickTime 8-bit H.264 HD 1920x1080 25p
Originally shot on:
1080 25i
Source:
ITN
Object name:
r051222001_16975