INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  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
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315 MILLION POUNDS STOLEN BY SANI ABACHA,TO BE RETURNED TO NIGERIANS SOON.

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                      Late ex-millitary President General Sani Abacha,who stole 315 million pounds and kept it in the state of Jersey,will be returned to Nigerians very soon.The Ballif of Jersey Michael Birt,stated this at a dinner in honnour of Nigerian High Commissioner to the UK,Dalhatu Tafida,during a state visit to the biggest territory in the Channels Island.Mr Birt,who doubles as the Island's civic Head of state and ceremonial head,in the highest ranking official in the Jersey order of precedence.The island is famous for its transparent banking services,had previously repatriated in two tranches of 140 million pounds of the loot.The money was laundered on behalf of Mr.Abacha by Raj Bhojwani,an Indian businessman.Mr Bhojwani is currently serving an eight year sentence in a UK prison.Mr Birt said ''We have done a lot to clean up the image of the island as a safe haven for stolen wealth.What we have in place is a transparent and legal heaven where only legal funds can be deposited and accessed by investors''.In response,Mr Tafida commended Mr Birt for the island's transparent banking sector,and informed him of the Nigerian government's commitment to fighting corruption and strengthening it's anti-graft agencies.One more photo below.                                                              

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