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 TO HOLD A WALK AGAINST CORRUPTION ON TUESDAY,MAY 23,2017.

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Image result for efcc logo nigeria                 The Economic and Financial Crimes Commission,EFCC will on Tueday May 23,2017 stage anti corruption walk intended to further galvanize the Nigerian populace to embrace the fight against corruption.Acting Chairman of the Commission,Ibrahim Magu who is expected to lead the walk in Abuja said the exercise is planned to coincide with the secondary anniversary of the President Muhammadu Buhari administration.According to him,the government's focus on anti-corruption has galvanized the anti-corruption establishment and delivered hope that corruption can indeed be fought with the right political will.The EFCC walk against corruption is expected to feature stakeholders from divers sectors including the organized labour,youth organizations,women groups,civil society organizations,and lots more.The exercise is expected to hold simultaneously in all the cities where the EFCC currently have offices.These include Abuja,Lagos,Port Harcourt,Enugu,Gombe,Ibadan,Benin,Maiduguri,Kano and Kaduna.In Abuja,the walk is expected to take off from the EFCC head office in Wuse 2,with brief stop at the Unity Fountain where invited groups are to join the procession.
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