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

N17 MILLION FRAUD: EFCC ARRAIGNS THREE OVER MARITIME ACADEMY CONTRACT SCAM.{PHOTOS}.#PRESS RELEASE.


     The Uyo Zonal office of the Economic and Financial Crimes Commission, EFCC, on Monday, February 17, 2020, arraigned the trio of Yvonne Edet Effiong, Bassey Okon Bassey and Enys International Resort and Hotel Limited, before Justice Agatha Okeke of a Federal High Court sitting in Uyo, Akwa Ibom State, on a nine-count charge bordering on Forgery, Conspiracy, Stealing and Diversion of funds to the tune of N17million. .
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Effiong and Bassey, being staff of Maritime Academy of Nigeria, Oron, Akwa Ibom State, allegedly conspired and diverted the said sum belonging to the Academy, using Enys International Resort and Hotel Limited under the pretext that the company executed a non existent contract.More photos below.
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