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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GOMBE COURT JAILS ONE FOR N4. 8M LAND SCAM.(PHOTO). #PRESS RELEASE.

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 Gombe Court Jails One for N4.8m Land Scam

 

Justice Abdulhamid Yakubu of  the Gombe State High Court on May 29, 2024 convicted and sentenced one Aliyu Mohammed to twelve - months imprisonment for land scam to the tune  of  N4,800,000 (Four Million Eight Hundred Thousand Naira)

 

Mohammed was jailed after pleading guilty to  one-count charge of intent to defraud preferred against him by the Gombe Zonal  Directorate of the EFCC 

 

The charge reads: That you Aliyu Mohammed former staff of NITEL/MTEL sometimes in 2021 at Gombe, Gombe State, within the jurisdiction of this Honourable court, with intent to defraud, obtained the aggregate sum of N4,800,000 (Four Million, Eight Hundred Thousand Naira) property of Lacachika Nigeria Limited and Captain Lamolohguhe, which you claimed the money was payment for the landed property located at Kaltungo Gombe State, and thereby committed an offence contrary to Section 320 the penal code law and punishable under Section 322 of the same law”

 

The defendant pleaded guilty to the charge when it was read to him, prompting the prosecution counsel, S. E Okemini to pray the court to convict and sentence him accordingly.


However, counsel to the defendant pleaded with the court to temper justice with mercy stressing the defendant was a first- time offender.

  

Justice Yakubu, having listened to both counsels, convicted and sentenced the defendant to twelve months imprisonment.

 

Mohammed's journey to prison began when a petitioner alleged that he obtained the sum of N4,800,000 from him for a landed property. He neither delivered the property to the petitioner nor returned the money to him.  

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