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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LAGOS COURT JAILS LAWYER TWO YEARS FOR N4M FRAUD.(PHOTO).#PRESS RELEASE.

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Lagos Court Jails Lawyer Two Years for N4 million Fraud.   

Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos State, has convicted and sentenced a legal practitioner, Taiwo Oreagba, to two years imprisonment for obtaining the sum of N4,000, 000 (Four Million Naira) from a client to secure the release of a suspect from the custody of the EFCC.

She was jailed on Thursday, August 25, 2022 after standing trial on two-count charges bordering on corrupt demand and obtaining money under false pretences.  

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