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 FREEZES 3 BANK ACCOUNT BELONGING TO THE BENUE STATE GOVT.

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       Three bank accounts belonging to the Benue state government, have been frozen by the anti-graft agency, Economic and Financial Crimes Commission (EFCC).
This was disclosed by the chief press secretary to Governor Samuel Ortom  Terver Akase on Wednesday.The commission had linked the governor to an alleged fraud to the tune of N22 billion but Ortom denied the allegation.The governor expressed surprise that none of his colleagues were being investigated for the same reason.More details later.
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