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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COURT JAILS FOUR INTERNET FRAUDSTERS IN ABEOKUTA.{PHOTOS}.#PRESS RELEASE.

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    Justice Ibrahim Watilat of the Federal High Court, Abeokuta, Ogun State, on Monday, June 22, 2020, jailed four internet fraudsters for criminal impersonation.
The convicts: Wariz Akintunde; Moses Olamilekan Dosumu, Richard Adegbite and Smith Enitan Adetayo were prosecuted by the Economic and Financial Crimes Commission, EFCC, Ibadan zonal Office.
With all pleading guilty, the judge sentenced Akintunde and Adegbite to four months in prison, with an option of N100,00 each effective from June 22, 2020. Dosumu earned two months jail term with an option of N50,000, while Adetayo was sentenced to five months in prison without an option of fine, effective from June 22, 2020.
The judge further ordered Akintunde, Dosumu and Adetayo to restitute the sums of $700, $375 and N39,000 to their respective victims through the Federal Government of Nigeria.
Simon Ibekwute and Sanusi Galadanchi, prosecuted the matter for the EFCC.More photos below.
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