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 RECOVERS ADDITIONAL N70 MILLION FOR KWARA STATE GOVT.{PHOTOS}.#PRESS RELEASE.

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     The Ilorin Zonal Office of the EFCC has recovered additional N70, 000,000 (Seventy Million Naira) for Kwara State Government in its ongoing efforts to recover the looted funds allegedly stolen by corrupt individuals. It would be recalled that the Commission had on the 11th of October, 2019, handed over the sum of N112, 000,000 (One Hundred and Twelve Million Naira) being recoveries from corrupt individuals, to the Kwara State Governor, Mallam Abdulrahman Abdulrasaq in Ilorin. Speaking as a Guest today, 18th of December, 2019 at the Nigerian Television Authority, Ilorin on a Programme: "Morning Safari", the Zonal Head of the EFCC, Mr Isyaku Sharu said the Seventy Million Naira was recovered in the ongoing investigations into the spending of the Kwara State Internal Revenue Service (KWIRS).One more photo below.
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