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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OYO COURT SENDS 20 INTERNET FRAUDSTERS TO JAIL. (PHOTOS).#PRESS RELEASE

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Oyo Court Sends 20 Internet Fraudsters to Jail.


Justices Ladiran Akintola and Kamorudeen Olawoyin of the Oyo State High Court sitting in Ibadan, have convicted and sentenced 20 (twenty) internet fraudsters to different jail terms.  


They were jailed after pleading guilty to one-count separate charge bordering on impersonation and obtaining by false pretence.


The convicts are:  Olanipekun Damilare Gbolahan, Shedrack Paul Victor,  Victor Ogheneremu Kadri, idris Abdulazeez Gbolahan, Olaiya Nifemi Samuel, Aparimo Ogunfunminiyi Ojoola, Kasimawo Emmanuel Ayomide, Akintaro Isaac Oluwabamise, Oladokun Toheeb Adekola, Hamed Rafiu Olanrewaju and Rofeek Mayowa Ayoade.

Others are Olayiwola Toheeb Olanrewaju, Olusegun-Ola Oreoluwa Casmir, Samson Rotimi, Enoch Fiyinfoluwa Omotoso, Omodele Peter Idowu, Ayinde Azeez Olamide, John Pascal Daniel, Akinkuade Fisayo Folarin and Olanese Bolaji Michael.

They were investigated and prosecuted by the Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC for their fraudulent internet activities.


Upon arraignment, they all pleaded “guilty” to the charges filed against them by the EFCC.

The court convicted and sentenced Daniel, Omotoso, Rotimi,  Casmir, Adekola, Oluwabamise,  Ojoola and Gbolahan to one year imprisonment each while other convicts bagged six months community service each.

They were also given options of fine except Olamide and Idowu.  


Furthermore, they were ordered to restitute their various victims and forfeit all items recovered from them to the Federal Government of Nigeria.

 

The convicts made their journeys into the Correctional Centre when they were arrested by operatives of the Ibadan Zonal Command of the EFCC for internet- related offences.  They were later prosecuted and convicted.

More photos below. 





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