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

EFCC ARRAIGNS 11 UNDERGRADUATES FOR ALLEGED INTERNET FRAUD. (PHOTOS).#PRESS RELEASE



EFCC Arraigns 11 Undergraduates for Alleged Internet Fraud


 The Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November   6, 2023 arraigned eleven students of Obafemi Awolowo University, OAU,  before Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Osogbo, Osun State for their alleged involvement in internet fraud.


The defendants were arraigned on different count charges,  ranging from one to six  charges as preferred  against them by the EFCC.


They are:  Perekebena Olombeni Micah, Nnekwelugo Nnaemeka, Moyosore Favour Oluwasakin, Aghwaritoma Wisdom Obaro, Daniel Olashile Maiye, Gbolahan Khalid Adesina, Yinka Temitope Jayeola, Olumuyiwa Emmanuel Adeleye, Abiola Emmanuel Oluwadare, Busari Abdulazeez Ayodeji and Okesipe Tobiloba Paul.

Nine of the defendants were arraigned on one -count charge each, while the remaining two: Micah and Obaro  had  six count- charges filed against each of  them.


One of the counts reads: “That you, Perekebena Olombeni Micah sometimes in 2023 in Osogbo, Osun State within the jurisdiction of this Honourable Court did fraudulently impersonated the name – Pies through  your Whatsapp account phone number +1(414)367-9473 by claiming that you are an American Female in love with your victims in the United States of America with intent to gain advantage for yourself and thereby committed an offence contrary to Section 22 (2) (b) (i) and punishable under Section 22 (2) (b) of the Cyber Crimes (Prohibition, Prevention etc.) Act, 2015.”


Another count reads, “That you, Aghwaritoma Wisdom Obaro on or about 1st November, 2023 at Ile-Ife, Osun State, within the jurisdiction of this Honourable Court, fraudulently impersonated by representing yourself to be a white man by name Alex Stephens from United States of America to one Megan Johnson, through your Google Chat and your email address (alexsteps678@gmail.com) with intent to gain advantage for yourself and thereby committed an offence contrary to Section 22 (2) (b) (i) and punishable under Section 22 (2) (b) of the Cyber Crimes (Prohibition, Prevention etc.) Act, 2015.”


Upon their arraignments, they all pleaded “not guilty” to the charges when they were read to them.


 Consequently, prosecution counsel, Oluwatoyin Owodunni prayed  the court for  trial dates  and the remand of the defendants at a Correctional Centre.


In response, defence counsels to Ayodeji, Adesina, Oluwasakin, Micah, Adeleye and Okesipe informed the court of “motions for bail applications” filed on behalf of their clients which have been served on the prosecution, therefore urging the court to admit the six defendants to bail in the most liberal terms.


 Justice Ayo-Emmanuel, having listened to the prayers of both parties, admitted Ayodeji, Adesina, Oluwasakin, Micah, Adeleye and Okesipe to bail.


Ayodeji, Adesina, Oluwasakin, Adeleye and Okesipe were admitted to bail in the sum of N2,000,000 (Two Million Naira only) each while Micah was granted bail in the sum of N3,000,000 (Three Million Naira only).


Other bail conditions are:  two sureties in like sum, first surety must be the defendant's  father or mother, second surety must be a relative, sibling, clergy or civil servant with the Osun State Government; the sureties must depose to an affidavit of means and both residential and office addresses of the sureties, as well as their statuses must be provided and verified by the court registrar.

 The judge adjourned the matters to November 29 and December 12, 2023 respectively for commencement of trial and remanded the defendants at the Ilesha Correctional Centre,  Osun State pending the perfection of their bail conditions.


 The defendants were among the sixty-nine (69) suspected internet fraudsters arrested on Wednesday, November 01, 2023 at Oduduwa Estate area of Ile-Ife in Osun State following actionable intelligence on their alleged involvement in fraudulent internet-related activities.


More photos below. 




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