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

GOV ODODO DIDN'T HELP YAHAYA BELLO ESCAPE EFCC ARREST- COMMISSIONER, FANWO. (PHOTO).


 Gov Ododo didn’t help Yahaya Bello escape EFCC arrest — Commissioner, Fanwo


Kogi State Commissioner for Information, Kingsley Fanwo, has claimed that Governor Usman Ododo did not shield ex-Governor Yahaya Bello from arrest by the Economic and Financial Crimes Commission, EFCC.


Fanwo stated this while speaking on Channels Television on Friday.


“Governor Ododo did not assist in Bello’s departure from his residence; the EFCC’s claims are misinformation aimed at furthering their objectives.


“Bello is not evading anyone; the existing court injunction protects his fundamental rights,” he said.


Fanwo also insisted that a state high court injunction protects Bello from harassment by the EFCC.


He noted that Governor Ododo remains a law-abiding leader who respects the rule of law and the Constitution of Nigeria.


EFCC operatives had laid a siege at Bello’s house in Abuja.


But Ododo arrived at the residence and hours after he drove out, there were reports that Bello snuck out with him.


The EFCC has since declared Bello wanted.


He has also been placed on a security watchlist by the federal government.

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