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

Image
  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

INTERNET FRAUDSTER ARRAIGNED AFTER HE ALLEGEDLY DUPED SOMEONE OF $3200 USD.{PHOTO}

                       The Economic and Financial Crimes Commission on tuesday December 6,2016 arraigned one Obohor John Damilola {a.k.a Frank Mcghee Clinton} before Justice D.U Okorowoo of the Ekiti State High Court,Ado Ekiti,on a 24 count charge bordering on obtaining money by false pretence,possession of fraudulent documents,concealment and retention of proceed of crime.Obohor however pleaded not guilty.One of the charges reads: ''That you Obonor John Damilola {a.k.a Frank Mcghee Clinto} on or about the 21st of June,2016 a Ado-Ekiti within the jurisdiction of his Honourable Court with intent to defraud,obtained the sum of $3200 USD {Three Thousand Two Hundred United State of America Dollars} from Lusmar Duprey Marte,a United State of American Citizen when you falsely represented that you are one Frank Mcghee Clinton of the United States of American Army,which representation you knew to be false and thereby committed an offence contrary to Section 1{1}{a} and punishable under Sectioon 1{3} of the Advance Fee Fraud and other Related punishable under Section 1 {3} of the Advance Fee Fraud and other Related Offences Act 2006''.In view of his plea,the prosecution counsel Sanusi M. Galadanchi asked for a trial date.But counsel to the defendant,Olu Jaiyeoba informed the court that he has filed bail application and sought the court permission to move it.Justice Okorowo,however adjourned the matter to the 9th of December,2016 for the hearing of bail application and ordered that the defendant be remanded at the Federal Prison,Ado-Ekiti.Obonor,a student of Ekiti State University who poses on the internet as an American Army Officer by the name Sergeant Frank Mcghee serving in Nigeria,allegedly engages unsuspecting ladies on the internet in a dating and romance scam through which he fleeced them of their money to tun of N8million.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).