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 16-YEAR-OLD,28 OTHERS FOR INTERNET FRAUD IN IMO.{PHOTO}.#PRESS RELEASE.

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     Operatives of the EFCC, on Friday, December 13, 2019, arrested 29 suspected internet fraudsters, better known as Yahoo Yahoo Boys in three different locations in Owerri, the Imo State capital. The haul included a 16-year-old undergraduate. The suspects, who are believed to have used different pseudo names to defraud their unsuspecting victims, were arrested following intelligence and three days surveillance on their hideouts in Bishops Courts’ Malo Lodge, Umuagu Mbieri and King David’s Suite in Owerri. Five cars that include: Lexus RX 350, 2013 model, Lexus RX 330, 2009 model, Lexus ES 300, 2002 model, Toyota Corolla Sport and Toyota Camry were seized from them, so also 15 laptops, phones and computer hard-drives.
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