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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INTERNET FRAUDSTER BAGS ONE YEAR IMPRISONMENT YESTERDAY.{PHOTO}.

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     The Economic and Financial Crimes Commission, EFCC, Benin Zonal Office on Monday, June 10, 2019 secured the conviction of Okhiemwen Roland Ekata aka (Zamani, Baron Wellington) before Justice A. A. Demi-Ajayi of the Federal High Court sitting in Benin City, Edo State.
Ekata was arraigned on an amended one-count charge bordering on intent to defraud and impersonation an offence contrary to Section 484 of the Criminal Code Act CAP C38 of the Revised Edition (Laws of the Federation of Nigeria 2004, and punishable under Section 484 of the same Act.
The charge reads: "That you Okhiemwen Roland Ekata 'M' aka Zamani, Baron Wellington on or about the 3rd day of June 2015 at Benin City, Edo State, within the jurisdiction of this honourable court, being a citizen of Nigeria, with intent to defraud, you falsely represented yourself as Molton Cole, a citizen of England, which you knew to be false and thereby committed an offence contrary to Section 484 of the Criminal Code Act Cap, C38 of the Revised Edition (Laws of the Federation of Nigeria) 2004, and punishable under Section 484 of the same Act”.
Upon his arraignment, the defendant pleaded guilty to the charge preferred against him by the EFCC.
And based on the plea bargain agreement between the prosecution counsel, Fredrick Dibang and the defence counsel, Osama Idehen, Justice Demi-Ajayi convicted and sentenced the defendant to one year imprisonment and a fine of N250,000.
The judge also ordered that an HP Pavilion Laptop recovered from the defendant which was linked to the crime, be forfeited to the Federal government of Nigeria as proceeds of crime.
Ekata journey to prison began when he falsely represented himself as Molton Cole, a citizen of England with the intent to defraud unsuspecting victims.
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