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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CAR THEFT: MAN BAGS NINE YEARS JAIL TERM IN IBADAN.(PHOTO).#PRESS RELEASE.

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Car Theft: Man Bags Nine Years Jail Term  in Ibadan

The Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November 14, 2022 secured the conviction and sentencing of one Oni Daniel Temitope to nine years imprisonment before Justice Mohammed Owolabi of the Oyo State High Court, Ibadan on an amended two count charge which bordered on stealing and obtaining property by false pretence.

Oni’s journey to prison began when he approached his victim, Kamoru Wole Yekini, a car dealer in Iwo, Osun State, that he wanted to purchase a Toyota Matrix Salon car with a price tag of N1.8million but both parties  settled for N1, 580, 000.00 (One Million, Five Hundred and Eighty Thousand Naira).



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