INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
45 Years old Hajara Egbara,a female staff of the Federal capital development Authority,Abuja was arrested for allegedly obtaining the sum of N25million under false pretence.DSP Ngozi,said the suspect was arrested following a written complaint by a female victim to the Commissioner of police,CP Tunde Ogunsakin,that the suspect sold a plot of land to her within Asokoro extension,Abuja,in 2009 for the sum of N25million.The victim alleged that she paid the money in three installments.She said she paid N10million each for the first two instalments and the suspect issued receipts with invoice Number 0073 and 0201 to her as proofs of purchase respectively,while the last payment of N5,million was made in 2012 through an old generation bank cheque number 0179593.The petitioner stated that she discovered that she had been duped by the suspect.When she was trying to process the documents of the land.When she confrounted the suspect,the suspect took her to another land as compensation and she use about N450,000 to fence off the new land.The petitioner reported the matter to the police when the suspect came back to tell her that the land did not belong to her again.Hajara later confessed to the police that she duped the woman that she gave N8.5 million to a developer,Mohammed Sodiq,now at large,while she took the balance for her services.She would be arraigned in court after the investigation of the matter.
Comments
Post a Comment