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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ILLEGAL OIL BUNKERING: NIGERIAN NAVY HANDS OVER VESSEL,NINE SUSPECTS TO EFCC.{PHOTOS}.#PRESS RELEASE.

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     The Nigerian Navy Ship Delta, NNS Delta has handed over a motor vessel, MV Salvation and nine crew members allegedly involved in illegal oil bunkering to the EFCC, Benin Zonal Office for further investigation and possible prosecution.
The suspects are Tamuno Abereniboye, John Gwuene, Simon President, Nice Bien, Daniel Aghovwieokpo and Prince Ogun. Others are Jabu Kimidengiyefa, Daniel People and Olawale Bello.
Captain AV Kujoh who represented NNS Delta at the handing over in Warri stated that the vessel and crew members were arrested by Nigerian Navy Ship Zaria around Escravos for Illegal trans-shipment of about 50,000 litres of suspected illegally refined Automative Gas Oil, AGO.
Receiving the vessel and the suspects on behalf of the Commission, Richard Ogberagha, a Principal Detective Superintendent, said the Commission would carry out further investigations and ensure that those found culpable were brought to book.More photos below.
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