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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JOIN IN THE FIGHT AGAINST CORRUPTION,MAGU URGES BENUE PEOPLE.{PHOTO}.#PRESS RELEASE.

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         The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Monday, October 7, 2019 called on the people of Benue to shun all forms of corruption and to join hands with the EFCC in the fight against graft.
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Magu gave the charge at the Makurdi Zonal Office of the Commission when he made a working visit to the Benue State capital. .
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During his interraction with journalists, the acting Chairman reiterated the determination of the EFCC to battle corruption and financial crimes to a standstill in the country and urged the media and all the people of Benue to join hands in fighting the menace called corruption.
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According to him, "We need your support in fighting this corruption, I want you to join us in the fight. Corruption is like the rain beating down on everybody. All of us have a responsibility in fighting against it", he said.
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.While clarifying that EFCC was not witch-hunting anyone, he said, "I can not identify any political party under investigation, but if you are corrupt, I will go after you and that is what we do. You can see that the two Governors who were convicted and are currently serving their jail term are of the ruling party". .
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"If you are corrupt, we conduct preliminary investigation against you and we go after you, that's why if you are invited to EFCC, there must be something we have discovered. .
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"And we have been getting lots of convictions, also we are making a lot of efforts in chasing the Yahoo-yahoo boys, the internet fraudsters". .
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Asked about the whistle blowing policy, he said:
"The whistle blowing policy is working and we are paying''.
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