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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EFCC ARRESTS TWO PEOPLE OVER ROMANCE SCAM.{PHOTO}.

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Image may contain: 1 person                                             The Economic and Financial Crimes Commission,EFCC,Ibadan Zonal Office has arrested the due of Timothy Adegbaji Ademiju and Taiye Shittu Habibulahi,a student of Obafemi Awolowo University,OAU,Ile-Ife,Osun State,for offences bordering on internet fraud and obtaining by false pretence.Ademiju,36 a staff of a new generation bank,allegedly struck a deal with a student of Adekunle Ajasin University,Akungba,Ondo State,one David Olaoluwa Adesubokan ,also known as Opinion {now at large},to fleece one Giacomo Rossi,an Italian,of huge sum of money while posing as a lady by name,Grace Thomas.Ademiju allegedly used his position as the officer in charge of Western Money Transfer to process the fraudulent transactions coming from the Italian to 'Thomas'.
The arrest followed a petition from the victim alleging that he was contacted on a dating site by one 'Thomas' posing to be an American Nursing Student from OAU,and was in dire need of financial assistance in form of a loan to complete her studies.The loan which 'Thomas' promised to pay back was a decoy to trick Rossi into the fraudukent game.According to the petitioner,he had offered monetary assistance,paid in tranches,to the tune of Two Thousand Four Hundred Euros} which is equivalent of One million,two hundred and twenty one thousand,six hundred Naira before it dawned on him that it was a scam.The suspects would be charged to court as soon as investigation into the matter is concluded.
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