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

EFCC ARRESTS FOUR SUSPECTED INTERNET FRAUDSTERS IN ABUJA.{PHOTOS}.#PRESS RELEASE.

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      The Cyber Crime Section of the EFCC, Abuja Zonal office, have arrested four suspected internet fraudsters in Abuja. The suspects, Chijioke Okwuosah, Emeka Basil, Ayian Chimere and elochukwu Godwill Oguonu were arrested during a sting operation in the early hours of Friday, October 18, 2019 at House 34 and 35, 31Road Efab Estate Lokogoma, Abuja, following intelligence reports received by the Commission about their alleged involvement in the criminal activity. Items recovered from the suspects at the point of arrest include mobile phones, laptops and 2 cars. The suspects will soon be charged to court.More photos below.

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