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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YAHOO BOY BAGS 5-YEARS IN KADUNA. (PHOTO).#PRESS RELEASE.

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Yahoo Boy Bags 5Years in Kaduna

The Kaduna Zonal Command of the EFCC has secured the conviction of one Wisdom Nuhu before Justice A.A.Bello of the Kaduna State High Court on a one count charge of  impersonation.

The charge reads, “That you, Wisdom Nuhu Seth 'M' sometime in December, 2022 in Kaduna within the Judicial Division of this Honourable Court dishonestly induced one Awais Rafiq Maher, on Instagram to deliver to you the sum of Twenty Seven Thousand, Nine Hundred Pakistani Rupees ( 27,900) and you thereby committed an offence contrary to Section 306 of the Kaduna State Penal Code Law, 2017 and punishable under Section 307 of the same Law. 

He pleaded guilty to the charge. Consequently, prosecuting counsel, P.C Onyeneho urged the court to convict the defendant accordingly. 

Justice Bello convicted and sentenced the defendant to 5 years imprisonment or a fine of N 100,000 to be paid to the Kaduna state Government.

The convict is also to forfeit his iPhone XR with IMEI number 357348091719981 which he used to commit the crime to the  Federal Government. He was ordered to restitute the sum of Twenty Seven Thousand, Nine Hundred Pakistani Rupees ( 27,900 Rs) in the victim.


 

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