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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MAN ARRESTED FOR PARADING HIMSELF AS STAFF OF EFCC.{PHOTO}.#PRESS RELEASE,.

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     The Lagos State Zonal office of the Economic and Financial Crimes Commission (EFCC), has arrested one Adeleye Benjamin Oladele, for parading himself as staff of the Commission, working in the office of the Acting Chairman, Ibrahim Magu, and defrauding unsuspecting job seekers with promises of job placement in the Commission.
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Oladele ran into trouble when one of his victims, travelled from Ondo State to the head office of the Commission in Abuja, "to resume work". He embarked on the fruitless trip, after he received a text message from Oladele, informing him that his employment in the Commission has been formalized and that he should proceed to Abuja to resume work in the Advance Fee Fraud Section of the Commission. But unknown to the victim, had been scammed and sent on a wild goose chase. He is among 12 victims that have fallen prey to the wiles of Oladele.
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The Advance Fee Fraud Unit of the EFCC tracked and nabbed Oladele in Lagos. He is undergoing interrogation and will be charged to court as soon as investigations are concluded.
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