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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EFCC INAUGURATES MORE INTEGRITY CLUBS IN LAGOS, MAKURDI. (PHOTOS).#PRESS RELEASE.

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EFCC Inaugurates More Integrity Clubs in Lagos, Makurdi

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Friday, May 12, 2023, inaugurated the EFCC Integrity Club in Methodist Boys High School, Victoria Island, Lagos.

Speaking on the occasion, the Executive Chairman of the EFCC, Abdulrasheed Bawa, urged the students to be anti-corruption ambassadors.

Bawa, who was represented by ACE 1 Michael T. Wetkas, Zonal Commander, Lagos Command of EFCC, also urged the students to uphold the core values of the Club, which are integrity, discipline, honesty, and patriotism.

He said: “As students, youths and leaders of tomorrow, you need to have deeper insights into the havocs being wreaked on our nation by the monster of corruption.
 
“You are expected to channel your creative energies into useful engagements and not into dishonest and dubious means of cheating others of their resources.”

In his remarks, Umoh Felix, a teacher and patron of the Club, expressed his gratitude to the EFCC for inaugurating the Club in the school, while urging the students to shun any involvement in acts of corruption and financial crimes.

According to him, “We are ready to partner with the EFCC in the fight against economic and financial crimes by speaking up against corrupt practices within the school and the environment at large.”

About 250 students took oath of service alongside the executives.

The Head Boy of the School, Oche Ochefu, in his vote of thanks, appreciated the EFCC for the honour done the school and pledged to join the rest of students in lending their voices against economic and financial crimes.

In a related development, another EFCC Integrity Club was inaugurated  at NKST Secondary School, High Level Makurdi, Benue State.

The Executive Chairman, Abdulrasheed Bawa who was represented by Head, Public Affairs, Makurdi Zonal Command, CSE Adeniran Adebayo Samuel, urged the students to be of exemplary conduct and to make integrity their guide. "I hope that every member of the Club and the entire school community will embrace the values and regulations of the Club and in the process, make Nigeria better and greater, "he said.

He urged the students to be Anti-Corruption ambassadors in their school, community and the society at large. Thirty students took the oath of service.

NKST School Principal, MrTyoor Terngu, commended the EFCC for establishing the Club "we are happy that we are now part of the EFCC Integrity Club and we promise to lead by example”.

More photos below. 



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