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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N249M SCAM: EX-UDUTH ACCOUNTANT ARRAIGNED,REMANDED IN PRISON.{PHOTO}.#PRESS RELEASE.

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A Sokoto State High Court, sitting in Sokoto, today remanded Lukuman Sani Waziri, a former Accountant with the Finance Department of Usmanu Danfodiyo University Teaching Hospital, Sokoto in prison custody, pending the determination of his bail application.
This followed his arraignment by the Sokoto Zonal Office of the Economic and Financial Crimes Commission, EFCC, on one count charge of obtaining money by false pretense to the tune of N249,984,847.62 (Two hundred and forty nine million, nine hundred and eighty four thousand, eight hundred and forty seven naira, sixty two kobo).
The defendant pleaded not guilty to the charge when it was read to him.
In view of his plea, prosecution counsel, S.H Sa’ad asked for a trial date and that the defendant to be remanded in prison custody.
But the defense counsel, J. E Ochidi (SAN), informed the court of a pending bail application for his client, urging the court to grant his prayers.
However, the prosecution objected, arguing that it needed time to respond.
Justice Dogodaji adjourned the matter till March 25 for hearing of the bail application, and April 7, 2021 for trial.
The defendant was remanded in prison custody.
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