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 ABUJA ZONAL OFFICE CLAMPS DOWN ON TICKET RACKETEERS.{PHOTOS}.

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    Operatives of the Economic and Financial Crimes Commission, EFCC, Abuja Zonal Office on Saturday, April 6, 2019 arrested five suspected train ticket racketeers.
They include, Clement Zakka, Udim Sunday Samson, Adams Danladi, Otitomoni Omobolanle and Hassan Dauda.
The Commission swung into action after receiving an intelligence report alleging that some group of people at the Idu and Kubwa train stations have been racketeering train tickets making it difficult for passengers to have access to tickets and further sabotaging government efforts in ensuring easy transportation across the country.
The suspects were arrested during a sting operation at the stations.
They will soon be charged to court.One more photo below.
No photo description available.

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