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 ARRAIGNS A FEMALE MEDICAL DOCTOR TODAY FOR ALLEGED FORGERY.{PHOTOS}.

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Image may contain: 1 person, close-up                                           The Economic and Financial Crimes Commission,EFCC,today tuesday arraigned one Dr Mrs Geraldine Orok Ita before Justice I.E Ekwo of the Federal High Court sitting in Calabar,Cross Rivers State on a nine-count charge bordering on forgery and uttering of documents.The defendant is alleged to have forged and uttered the signature of one Mrs Rose Orok Ita,in documents titled ''Resolutions'' filed at the Corporate Affairs Commission,CAC.The defendant pleaded not guilty to the charge when it was read to her.Based on her plea,the prosecution counsel,Esin Oto Ebipade asked the court to fix a date for trial.However,counsel to the defendant,CAC Efifi told the court that he has filed a bail application and prayed the court to grant bail to the defendant.He said the alleged offence were bailable and that the defendant will be available to face trial.EFCC counsel did not oppose the application but urged the court to ensure that the defendant was available to face her trial.Justice Ekwo granted the defendant bail in the sum of N2million and a surety in likesum.The surety must be a responsible Nigerian resident in Calabar and possess a C of O.The defendant should not travel abroad without the knowledge of the court.The case was adjourned to 19,20,21 and 22 May for trial.More photos below.
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