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 ARRESTS: ''SUCH ARRESTS ARE HEALTHY AND COMMENDABLE''-BY DELE OYEWALE.{PHOTO}.#PRESS RELEASE.

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Internet Fraudsters and EFCC's Redemptive Mission


 By Dele Oyewale.


Every arrest of a suspected internet fraudster by operatives of the Economic and Financial Crimes Commission, EFCC, is headline- grabbing.  For the truly patriotic Nigerian, who desires a better identity and image for the nation, such arrests are healthy and commendable.  Nigeria is a nation of hard- working,   decent and resourceful individuals and every enterprise of deception and impersonation must be smashed to smithereens.  Besides, victims of internet fraud, across the world, deserve justice and every arrest of their robbers, calls for celebration!  This is just one divide of opinions about such arrests. .

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