Lil Wayne USA rap Hip-Hop Lil Wayne USA

Lil Wayne accused of lying about marijuana use to get pandemic loan

Reading now: 486
www.nme.com

Lil Wayne is being accused of misleading the US government about his marijuana use in order to get a pandemic loan approved.Last week (March 11), Business Insider published a report in which it states that Wayne and his representatives sought a financial loan from the US Small Business Administration (SBA) in 2021.Part of the conditions of the application by Young Money Touring Inc.

included an assertion that they ran a drug-free workplace. They ended up receiving an $8.9million (£7million) loan.The new report has filed a Freedom of Information Act lawsuit against the SBA to investigate the loan, given Wayne’s high profile advocation of marijuana use.

The SBA responded that the approval was not conditional on Wayne’s “personal actions” but about the presence of drug use in the relevant workplace, and covered only drug use between March 2020 to June 2022.“The SBA’s process of monitoring and auditing of grant recipients is actively ongoing,” the government agency explained. “To date, about $40 million has been returned from SVOG grantees and additional files have been referred for ongoing criminal investigation or civil recovery.

To date, none of the recoveries relate to the drug-free certification.”Neither Lil Wayne nor Young Money Touring Inc. have responded to the allegations.Earlier this year, Wayne said he believed Drake is “hated on” by the hip-hop community because he is “light-skinned”“That’s just American history,” he elaborated. “How I know is, because I’m not light-skinned.

Read more on nme.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA