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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SPIRITUAL HELP: TWO MEN ARRESTED FOR ALLEGEDLY DUPING WOMAN THE SUM OF N7.5 MILLION IN IKORODU.(PHOTO).

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TWO MEN ARRESTED FOR ALLEGEDLY DUPING WOMAN THE SUM OF N7.5 MILLION IN IKORODU


The Men of Lagos State Police Command has arrested two men who duped a woman the sum of N7.5million under the disguise of providing spiritual help.

The Lagos State Police Command Spokesman, Sp Benjamin Hundeyin captioned the it as follows: 
"In Ikorodu, these two duped a woman to the tune of N7.5m under the guise of providing ‘spiritual help.’ She realized the fraud and approached the police. They were apprehended when they arranged to get another batch of funds from her. Investigation is ongoing".

 

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