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

4 FAKE DRUG MANUFACTURERS PRODUCING AROUND IKOTUN WERE PARADED BY THE POLICE TODAY.{PHOTOS}.#PRESS RELEASE.

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     PRESS BRIEFING
PARADE OF FOUR (4) NOTORIOUS FAKE DRUG MANUFACTURERS AND DISCOVERY OF A SUSPECTED FACTORY WITH HEAVY MACHINES USED FOR PRODUCING FAKE DRUG IN IKOTUN AREA OF LAGOS STATE BY THE FORCE PUBLIC RELATIONS OFFICER, Ag. DCP JIMOH MOSHOOD. 14th DECEMBER, 2018.

SUSPECTS
i. Emeka Madu aka Cabara 47yrs - Owner Of the suspected Fake Drug Manufacturing Factory
ii. Eze Young 26yrs – Staff in the suspected Fake Drug Manufacturing Factory
iii. Chijoke Umunna 19yrs – Staff in the suspected Fake Drug Manufacturing Factory
iv. Kingsley Obilo 22yrs – Staff in the suspected Fake Drug Manufacturing Factory
EXHIBITS
i. Plastic Buckets of different types suspected fake drug
ii. Cartons of packed suspected fake drug for distribution
iii. A vehicle being used for the distribution of the suspected fake drug
iv. Large quantity of unprocessed suspected chemicals and substances used in manufacturing the suspected fake drug
v. Several Machines fabricated for processing, manufacturing and packaging of the suspected fake drug
vi. Forged pharmaceutical papers
The IGP Intelligence Response Team working on credible intelligence stormed and raided a secret suspected fake drug Factory hidden in the residential Area of Ikotun in Lagos State where substantial production, packaging and distribution of suspected fake drug to different parts of the Country is being carried out. These dastard acts may have resulted in several deaths, health complications and physical disabilities to many victims Nationwide.
2. The hideout where the suspected fake drug is being illegally produced on No. 2, Okunnenye Street, Ikotun Egbe Area, Lagos State was raided on 13th December, 2018 by Operatives of the IGP Intelligence Response Team (IRT) led by the Commander of the Unit, DCP Abba Kyari where the following suspects, Emeka Madu aka Cabara 47yrs – the owner and leader of the gang operating the suspected fake drug Factory, Eze Young 26yrs, Chijoke Umunna 19yrs and Kingsley Obilo 22yrs were caught and arrested in the act of producing the suspected fake drug with the use of Machines fabricated for processing, manufacturing and packaging of the suspected fake drug. The above listed exhibits were recovered from their possession.
3. The suspects confessed to the crime and admitted to the various criminal roles they played in the processing, manufacturing and packaging of suspected fake drug.
4. Investigation is on-going and efforts being intensified to arrest the other suspects still at large. All suspects will be arraigned in court on completion of investigation.

Ag. DCP JIMOH MOSHOOD
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
More photos below.
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