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Showing posts from December 3, 2018

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

DSS PARADES AISHA BUHARI'S IMPERSONATOR YESTERDAY .{PHOTOS}.

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     According to sources '' There was drama on Monday when the Department of State Services (DSS) paraded a woman accused of using the name of the wife of the President, Mrs Aisha Buhari, to commit fraud. The drama played out as the suspect attempted to evade the cameras when she was paraded before reporters at the DSS office in Abuja, the nation’s capital. The woman who was dressed in an Ankara skirt and blouse covered her face with a purple veil when she was brought to the press briefing room. In further effort to prevent her face from been paraded, she hid under a table after which she eventually unveiled herself. After the drama, the DSS spokesperson, went ahead to address reporters present in the briefing room. He alleged that the suspect took advantage of the special treatment given to V.I.Ps. in the State House to gain access to the office of the wife of the President, which she used to defraud her victims. Afunanya also alleged that the suspect