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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ILLEGAL OIL BUNKERING: NAVY HANDS OVER 3 SUSPECTS,4 VESSELS TO EFCC.{PHOTOS}.

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Image may contain: 3 people, people standing and outdoor                           As part of its collaborative efforts to sanitize the Nigeria waterways and to rid it of illegal oil bunkering,the Nigerian Navy,NNS Pathfinder on friday January 6,Twenty seventeen in Port Harcourt,Rivers State handed over three persons suspected to be involved in illegal oil bunkering and four Tug Boats-MV Kesst1,MV Thames,MV Lolo14 and MV Lolo Twenty to the Economic and Financial Crimes Commission for further investigation and possibly prosecution.The suspects,Damiete Kemuel,Francis Egbedi and Dum Nwineedam and their vessels were intercepted by officials of NNS Pathfinder at Abuloma following intelligence reports.
The vessels-MV Kessy 1,MV Thames,MV Lolo14 and MV Lolo Twenty were said to have been loaded with an estimated 40MT each of suspected illegally refined AGO.
Operatives of the Commission have swung into action in conjunction with other relevant government agencies for further details.The suspects will be arraigned in court as soon as investigation is completed.More photos below.
Image may contain: sky, outdoor and waterImage may contain: ocean, sky, outdoor and water

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