INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

FAMILY & FRIENDS CELEBRATE IKE EKWEREMADU'S BIRTHDAY. (PHOTO).


 Family, friends celebrate jailed former deputy senate president, Ike Ekweremadu’s birthday


A former National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, on Sunday joined family members to mark the 62nd birthday of incarcerated former Deputy Senate President, Ike Ekweremadu.


Despite Ekweremadu’s absence, Metuh celebrated the occasion alongside Ekweremadu’s daughters and other family members.


He disclosed this in a post on X.com on Sunday.


Metuh wrote, “Today, I joined the Ekweremadu daughters and some family members to celebrate the 62nd birthday of my friend and brother for life. Indeed, I am so proud of the girls, especially Sonia, who has shown remarkable strength and resilience in these trying and most difficult times.


“We cut a birthday cake in his honour and enjoyed a sumptuous lunch in celebration. May the Almighty God give him peace and good health as we pray for a grand re-union in Jesus name.”


Recall in March 2023 that Ekweremadu, and his wife, Beatrice, were found guilty of organ trafficking in the United Kingdom.


The duo, along with a medical doctor, Dr. Obinna Obeta, were found guilty of facilitating the travel of a young man to Britain with a view to his exploitation after a six-week trial at the Old Bailey.


In May 2023, a UK court sentenced Ekweremadu to a total of nine years and eight months imprisonment, while his wife, Beatrice, was sentenced to four years and six months imprisonment for plotting to harvest a man’s kidney.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).