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 ARRESTS EIGHT FOR PIRATING DSTV SIGNALS.{PHOTO}.#PRESS RELEASE.

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No photo description available.
     The EFCC, Benin Zonal office, has arrested eight (8) officials of Communication Trends Limited ( CTL), JAO TV and Worldlink, Pay TV operators, for illegally broadcasting signal and Intellectual property of Multichoice Nigeria Limited. The Pay TV operators allegedly broadcast the English Premier League (EPL) matches and other content on their pay TV stations/network illegally to the detriment of Multichoice Nigeria which acquired the rights to broadcast. They were arrested at their respective locations in Edo and Delta State through intelligence report and the support of officials of Multichoice. Those arrested are Faith Ohawe, Tochukwu Nwosu, Nzemere Chika, Joshua Egboyen and Ogujor Franklin. Others Ebuaka Lola, Esekhaige Victor and Kenedy Uduobor.
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