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 GRILLS EIGHT SUSPECTED OIL THIEVES IN UYO. (PHOTO). #PRESS RELEASE.

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 EFCC Grills Eight Suspected Oil Thieves in Uyo


The Uyo Zonal Command of the Economic and Financial Crimes Commission EFCC, has commenced investigation of alleged illegal activities of eight suspected dealers in petroleum products without appropriate licences.


The arrested suspects are: Pere Ebiye (Captain), Okon David (DeckMan) , Enuwa Wilson (Cook) , Wesley Okon (DeckMan) , Ade Ojo Idowu (Asst. Engineer) , Oluwadamire Abraham (DeckMan) , Oluwole Azuzu (Asst. Captain)  and Taiwo Adebanwo (Chief Engineer) .


They were arrested on Friday February 23, 2024, onboard a wooden boat, MV Jasmine, which was laden with 30, 000 (Thirty Thousand) litres of petroleum products suspected to be crude, bunkered in a cellophane- sealed compartment of the boat and in four Geepee tanks.


Both the arrested crew members and the exhibits were handed over to the Commission on Tuesday April 3, 2024 by the Commanding Officer Captain (NN) Uche Aneke of the Nigeria Navy Ship, Forward Operating Base Ibaka, in Akwa Ibom State.


According to him, the crew were arrested at Posn Lat. 04°18.258°N. Long 008°29. 696'E by the Navy Ship Ekulu during a patrol.  He expressed determination to ensure that the Nigerian waterways remain safe and free of criminal activities. "The Navy is on alert to arrest and prosecute any person found culpable in any criminal activity on our waterways or conveying illegal products as well as petroleum products", he said.


While receiving the crew members, boat and products, the Uyo Zonal Commander, Assistant Commander of the EFCC,  ACE1 Bawa H. Saidu who was represented by Assistant Superintendent of the EFCC,  ASE1 Terseer Chinyam thanked the Nigerian Navy and assured it of the Commission's readiness to always partner with it and other security agencies to curb economic crimes in Nigeria.  

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