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 NABS POOR,A SYNDICATE MEMBER WHO DUPED KWARA MONARCH N33.3M.(PHOTO).#PRESS RELEASE.

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EFCC Nabs Poor, a Syndicate Member Who Duped Kwara Monarch N33.3m

The Ilorin Zonal Command of the EFCC has arrested one Fidelis Poor, a member of a syndicate who allegedly connived to defraud a first Class Traditional Ruler in Kwara State, His Royal Highness Idris Sero Abubakar, to the tune of N33,399,999 (Thirty-Three Million, Three Hundred and Ninety-Nine Thousand, Nine Hundred and Ninety Nine Naira).

Poor, 30, who hails from Stwue in Konshisha Local Government Area of Benue State alongside other suspects (still at large) allegedly conspired to swindle the monarch on the guise that he had a container of goods meant to be used for the development of Okuta Community due be cleared at Nnamdi Azikwe International Airport in Abuja.

In a petition dated November 30, 2021, HRH Abubakar, who is the Emir of Okuta in Baruten Local Government Area of Kwara State and a former member of the House of Representatives alleged that a group of fraudsters who operate as syndicate called him on phone sometime last year that he had a container to clear in Abuja and requested for the said amount for clearance.


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