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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COURT CONVICTS NSCDC OFFICER FOR JOB SCAM TODAY.{PHOTOS}.

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      The Economic and Financial Crimes Commission today, December 12, 2017 secured the conviction of one Joshua Dan-Daura, a Deputy Suprintendent in the Nigerian Security and Civil Defence Corps who was arraigned by the Commission for job scam before honourable Justice Dije Abdu Aboki of the Kano State High Court.
The convict was arraigned by the Commission on December 22, 2016 for allegedly defrauding the complainant the sum of N450,000 (Four Hundred and Fifty Thousand Naira Only) under the pretext of securing job for him.Upon arraignment, the convict pleaded not guilty which compelled the prosecution counsel Musa Isah to proceed into trial that lasted one year.In her judgment today, Justice Aboki found the accused person guilty to the one count he was charged with and convicted him as prayed by the prosecution counsel. After listening to the alocutos from the defence counsel, Amos Ango for mercy on behalf of the convict, Justice Aboki subsequently sentenced the convict to 9 months imprisonment with option of N100,000 (One Hundred Thousand Naira Only) fine.The convict was also ordered to restitute the sum of N370,000 to the complainant or spend 18 additional month in prison if he defaulted.
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