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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COURT JAILS INTERNET FRAUDSTER ONE YEAR IN PORT HARCOURT. (PHOTO).#PRESS RELEASE.

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Court Jails Internet Fraudster One Year in Port Harcourt

Justice E .A. Obile of the Federal High Court sitting in Port Harcourt, Rivers State has convicted and sentenced Nnaemeka Chinedu (a.k.a. Gibson George) to two years imprisonment for impersonation.

He was convicted on Tuesday, May 10, 2022 after pleading “guilty” to one- count charge bordering on impersonation upon his arraignment by the Port Harcourt Zonal Command of the EFCC.

Chinedu (a.k.a. Gibson Georgia) on or about 28th June, 2021 in Ada George, Port Harcourt, Rivers State, did impersonate one Gibson Georgia using linkedin account Gibsson with the intent to gain advantage and thereby committed an offence contrary to Section 22(2) (b) of the Cybercrimes (Prohibition, Prevention etc.) Act, 2015, and punishable under section 22(2)(b) of the same Act.

 

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