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
The Kadunal Zonal office of the Economic and Financial Crimes Commission,EFCC have arrested members of a notorious syndicate of fraudsters made of four Nigerians and one Nigerien who specialise in duping innocent persons of their hard earned monies.Those arrested are Salisu Rabiu,a.k.a Maimagani; Ibrahim Idris,a.k.a Dankano; Magaji Musa {Nigerien} a.k.a Maishayi; Haruna Abdullahi,a.k.a Balogun and Abubakar Umar,a.k.s Fulani.The suspects were arrested in a bush along Sabon Gari,Kurmin Kogi,Ikara Local Government Area of Kaduna state.A search of their hide out which is suspected to be a kidnappers den led to the startling discovery of a sum of five hundred and seventy thousand {$570,000} fake US dollars and some charms.The five man gang met their waterloo when they conspired among themselves to lure an unsuspecting victim into believing that some unclaimed boxes containing huge amount off USD were kept with some herdsmen believed to be accomplices by an unidentified politician.Doubtful of the story,the would-be victim contacted the Commission.The operatives of the Commission upon receipt of the intelligence swung into action and arrested the gang members in their hideouts.All the suspects are in custody while investigation continues.The Commission wishes to use this opportunity to warn members of the public to be wary of any get-rich-quick offer in order not to be a victim of scam.However,those wwho had fallen victim to the nefarious activities of this syndicate are enjoined to report to the Commission's office located at No.4 Wurno Road Kaduna State.More photos below.
Comments
Post a Comment