INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

18 SUSPECTED INTERNET FRAUDSTERS ARRESTED YESTERDAY IN LAGOS.{PHOTOS}.#PRESS RELEASE.

Image may contain: 14 people, people smiling, people standing
       The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, has arrested 18 (Eighteen) suspected internet fraudsters in Lagos.
.
.
The suspects are: Abass Mukhtar, Enitan Adekunle, Olakunle Araoyinbo, Korede Adetule, Christmas Gabriel, Christmas Yole, Christmas Emmanuel and Harrison Obayogbono.
.
.
Others are: Victor Kenneth, Adewale Musibau, Oluwajuwon Shofuyi, Idris Abdulazeez, Oyeku Adeoye, Omilana Adeleke, Okeke Chucks, Peters Olamide, Abayomi Jones and Usman Olalekan.
.
.
The suspects were arrested during a sting operation in the early hours of Friday, September 27, 2019 at three different locations in the Alagbado area of Lagos State, following intelligence reports received by the Commission from concerned members of the public about their alleged involvement in the criminal activities.
.
.During the raid, about five of the suspects attempted to escape arrest by taking refuge inside the ceiling of their apartments. They were, however, immediately apprehended by operatives of the EFCC.
.
.
Items recovered from the suspects at the point of arrest include charms, phones, laptops and five cars-Hyundai Sonata, Toyota Camry 2004 model, Toyota Camry 2007 model, Toyota Camry 1999 model and Honda Pilot.
.
.
The suspects will soon be charged to court.

Image may contain: 14 people, people smiling, people standing

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).