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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SEXUAL HARASSMENT: ICPC ARRAIGNS LECTURER.(PHOTO).#PRESS RELEASE.

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Sexual Harassment: ICPC arraigns Lecturer


The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has arraigned a lecturer of the Tai Solarin University of Education (TASUED) for demanding sexual and monetary gratification from a female student of the institution.


The defendant, Dr. Balogun Olaniran was brought before Hon. Justice Osinuga of the Ijebu-Ode High Court, sitting in Ijebu Ode, Ogun State by ICPC on a one-count charge for violating Section 8(1) (a) of the Corrupt Practices and Other Related Offences Act, 2000.


ICPC Counsel told the court how the defendant, Dr. Olaniran, while being the Head of Department of Religious Studies at TASUED sometime between October and November 2021, demanded for sexual benefit or the payment of N100,000 from a female student with a promise to alter her academic grades.

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