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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KOGI UNIVERSITY LECTURER RETURNED N5.8 M MISTAKENLY DEPOSITED IN HIS BANK ACCOUNT. (PHOTOS).

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Kogi Varsity Lecturer returns N5.8 million mistakenly deposited in his bank account: A story of ethical conduct and responsibility.

In an unforeseen and thought-provoking occurrence, Dr. Ugbedeojo Nelson Peter, a highly regarded senior lecturer at Prince Abubakar Audu University in Anyigba, Kogi State has returned the sum of ₦5,850,000 mistakenly deposited into his UBA bank account by an unfamiliar sender identified as Hassan Abdullahi.

Dr. Ugbedeojo encountered an extraordinary situation when he discovered the erroneous transaction. Navigating through the confusion and a sense of unfamiliarity with the transaction, Mr. Peter swiftly sought counsel from banking professionals online.

His urgent inquiry, "How do I refund the sum of ₦5.85 million mistakenly sent to my account by one Hassan Abdullahi?" underscored his prolonged disuse of the UBA account, adding complexity to the unexpected scenario.

This windfall has presented Mr. Peter with an ethical conundrum, prompting contemplation on the appropriate procedural steps to rectify the situation. As an esteemed academic within the Faculty of Management Sciences, his measured approach to resolving this matter serves as a testament to the values of ethical conduct and responsibility.

This intriguing situation raises pertinent questions about the complexities inherent in financial transactions, underscoring the critical need for clarity and expert guidance when faced with unforeseen monetary occurrences.

Working on the intricate protocols and ethical considerations surrounding unexpected financial windfalls, Dr. Ugbedeojo wrote to his bank to reverse the transaction.

Dr. Ugbedeojo's compelling story of moral conscientiousness and financial rectitude is commendable.
More photos below. 




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