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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IBRAHIM LAMORDE, EX-EFCC CHAIRMAN, IS DEAD. (PHOTO).

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 Ibrahim Lamorde, ex-EFCC chairman, is dead


Ibrahim Lamorde, the former chairman of the anti-graft agency, EFCC, is dead. He was 61.


Mr Lamorde died in Egypt where he had travelled for medical treatment, a close associate told PREMIUM TIMES Sunday morning.


Born on 20 December 1962, Mr Lamorde joined the Nigerian Police in 1986 and retired as a Deputy Inspector General of Police in 2021.


While a police officer, he served as EFCC chairman between 2011 and 2015.


According to his profile on the EFCC website, Mr Lamorde was the third Executive Chairman of the Commission. He was appointed in an acting capacity as Chairman of the Commission on 3 November 2011 following the removal of Farida Waziri by President Goodluck Jonathan. He was confirmed as the third substantive Chairman of the Commission by the Senate on 15 February 2012.


Mr Lamorde, who was born on 20 December 1962 in Mubi, Adamawa State, attended Ahmadu Bello University, Zaria, graduating with a Bachelor of Arts Degree in Sociology in 1984. He joined the Nigerian Police Force in 1986.


When the EFCC was created in 2003, Mr Lamorde was made the pioneer Director of Operations. In December 2007, he took over as Acting Chairman in January 2008, holding the position until Mrs Waziri was appointed Chairperson and confirmed by the Senate in June 2008. In December 2010, Mr Lamorde returned to the EFCC, again as Director of Operations to replace Stephen Otitoju, the then Acting Director of Operations.


When Mrs Waziri was replaced on 23 November 2011, Mr Lamorde, then an Assistant Commissioner of Police (ACP), was again appointed Acting Chairman. He was confirmed as substantive Chairman of the EFCC on 15 February 2012, a position he held till 9 November 2015, when President Buhari replaced him with Ibrahim Magu as the EFCC Chairman in an acting capacity.

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