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 CAUTIONS STUDENTS AGAINST INTERNET FRAUD. (PHOTO). #PRESS RELEASE.

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 EFCC Cautions Students against Internet Fraud


The Economic and Financial Crimes Commission, EFCC, has charged students of the Federal Science and Technical College, Ukana Offot, Akwa Ibom State, to abhor all forms of internet crimes, and imbibe tenets of integrity.


This charge was given on Friday April 26, 2024, by the Head, Public Affairs Department, EFCC Uyo Zonal Command, Assistant Commander of the ACE II, T. E. Nwosu during a sensitisation session with old and new members of the Anti-Corruption and Integrity Club of the Federal Science and Technical College Uyo.


She charged the students to always remember that crime does not pay, but brings pain, suffering and setbacks to offenders, as well as their family and friends. "I urge you to embrace good morals, shun crime and imbibe a culture of integrity so that the foundation you are laying now for your tomorrow, will be rooted in the right principles”, she said.


Nwosu reminded the students that whatever crime that is committed today through the internet, will always come back to haunt the perpetrators because the internet does not forget. When such crimes are discovered, the EFCC will ensure that whoever committed the crime, will definitely do the time. "As club members, you are expected to live above board and partner with the EFCC by sharing information. The EFCC will not shield any offender, even a club member" she said.


The school principal,  Mrs. P.O. Ogungheme, who received the team on arrival, commended the Commission for its efforts under the current leadership at ensuring that nobody is above the law and assured that under her leadership, "the school will work with the Commission to ensure that the Federal Science and Technical College remains a crime free zone".


The highlight of the event was the presentation of the EFCC  Integrity Club bannerette, T-shirts, caps, Club Constitution and note pads which were handed over to the club members.

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