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 UNCOVERS ADDITIONAL 400 GHOST WORKERS IN KWARA STATE.{PHOTO}.#PRESS RELEASE.

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    The Economic and Financial Crimes Commission, EFCC, on Friday, June 19, 2020 uncovered 400 fresh ghost workers in Kwara state.
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At the Ilorin Zonal Office of the Commission, N31,000,000( Thirty One Million Naira only), meant for the payment of salaries of the ghost workers, was allegedly shared by the Chairman, Nigerian Union of Teachers, NUT, Kwara State, Salihu Idris Toyin and the Permanent Secretary, State Universal Basic Education Board, SUBEB, Bayo Audu Onimago, among others.
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Other beneficiaries of the money include, Director of Finance, SUBEB, Ahmed Husain, Coordinator, NUJ , Kwara State, Tijani Idris and Controller of Finance, SUBEB, Omole John.
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In a confessional account of how the money was shared, Toyin told operatives of the EFCC that " A sum of N12million was paid into an account operated by me and others, the money was actually not supposed to come but when the cash hit the account, I withdrew it and gave it to SUBEB Officials, they gave us N3million for free and we shared it among ourselves ".
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