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 OVER 1000 GHOST WORKERS IN KWARA STATE.{PHOTO}.#PRESS RELEASE.

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   The Ilorin Zonal Office of the Economic and Financial Crimes Commission (EFCC) has uncovered over 1000 ghost workers in the payroll of Kwara State Universal Basic Education Board (KWSUBEB) and a cash recovery of over N138, 000, 000 (One Hundred and Thirty-eight Million Naira) from the state’s treasury looters.
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Head, Ilorin Zonal Office of the EFCC, Mallam Isyaku Sharu disclosed this in Ilorin, on Thursday, February 11, 2020 while speaking with newsmen on the zone’s achievement during the lockdown.
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He thumbed up the zone for living up to its responsibilities despite the social restriction and global health challenge posed by the Covid 19 pandemic.
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