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

AMBODE’S WIFE RAISES ALARM OVER IMPERSONATION BY CYBER FRAUDSTER TODAY.

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       Wife of the Governor of Lagos State, Mrs. Bolanle Ambode on Tuesdaydistanced herself from the criminal activities of a certain individual posing as her representative to extort money from unsuspecting members of the public.
Mrs. Ambode, in a statement signed by the Assistant Director, Public Affairs, Mrs. Folashade Kadiri said the unknown individual has been utilising social media platforms to defraud people, alerting Nigerians to be wary of such entreaties from any person.
The statement read, “The attention of Her Excellency, Mrs. Bolanle Ambode, wife of the Governor of Lagos State, has been drawn to the criminal activities of a certain individual, masquerading as her representative, for the purpose of extorting money from unsuspecting persons, using the social media platform.
“Her Excellency wishes to state very emphatically, that she has no links whatsoever with such fraudulent element, neither has she authorized anyone to act on her behalf in questionable circumstances”, the statement added.The release further urged members of the public to be vigilant and avoid any dealings with shadowy, self serving and dubious individuals purporting to represent the First Lady, while seeking public support for apprehension of the fraudster(s) by law enforcement agencies for prosecution in accordance with the law.
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