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 JAILS TWO INTERNET FRAUDSTERS IN MAKURDI. (PHOTOS).#PRESS RELEASE.

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Court Jails Two Internet Fraudsters in Makurdi


Justice Abdul Dogo of Federal High Court, Makurdi, Benue State, on Wednesday, May 3, 2023, convicted and sentenced two internet fraudsters to two years jail terms for fraud.


 


They are John Sule Godwin and Samuel Aondowase Kpemiyol


 


They were arraigned on separate one count charges bordering on personation, illegal possession of proceeds of crime and intent to defraud, by the Makurdi Zonal Command of the Economic and Financial Crimes Commission.


 


Upon arraignment the defendants pleaded guilty to their respective charges prompting the prosecution counsel, Uwaisu Yusuf and A. S. Idris to ask the court to convict and sentence them accordingly.  


 


However, counsel to the defendants pleaded with the court to temper justice with mercy as they were first-time offenders who had become remorseful for their actions.


 


Justice Dogo convicted and sentenced both to two years imprisonment with an option of One Million Naira fine.


 


Justice Dogo ordered the forfeiture of their iPhones which are proceeds and instruments of crime to the Federal Government of Nigeria.


More photos below. 


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