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 CONVICTS PHOTOGRAPHER, PNE OTHER FOR INTERNET FRAUD IN KADUNA. (PHOTOS).#PRESS RELEASE

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Court Convicts Photographer, One Other for Internet Fraud in Kaduna

The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of One Goje Jehu Zason (aka Mark Anthony) and Williams Justice Gankon before Justice A.A Isiaka  of the Kaduna State High Court on separate one count charge bordering on internet fraud. 

They pleaded guilty to the charges, consequently, the prosecution counsel, E.K. Garba and M.U Gadaka urged the court to convict them accordingly. 

Justice Isiaka convicted and sentenced Gankon to one year imprisonment without any option of fine while Zason was sentenced to two years imprisonment with an option of fine of N150,000. 

The defendants are to forfeit all proceeds and gadgets used to commit the crime to the Federal Government of Nigeria. 

More photos below. 



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