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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COURT CONVICT YAHOO BOY FOR IMPERSONATION IN MAKURDI.(PHOTO).#PRESS RELEASE.

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 Court Convict Yahoo Boy for Impersonation In Makurdi


The Makurdi Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday, May 18, 2023, secured the conviction of one Samuel Kubiala Aboh, before Justice Abdul Dogo of the Federal High Court sitting in Makurdi on a one count charge bordering on impersonation. 


Kubiala was arrested by operatives of the Commission on January 28, 2022 at Lafia, Nassarawa State in relation to internet fraud activities.


He pleaded guilty to the charge when it was read to him. Upon his plea, the prosecution counsel A. S. Idris, prayed the court to convict and sentence him as charged.


Consequently, Justice Dogo convicted and sentenced him to one year imprisonment with an option of N500,000 fine. He was ordered to forfeit his iPhone 11 Pro Max model MWFC2LL/A  and Tecno Spark 8c which he used to commit the offence to the Federal Government of Nigeria.


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