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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POLICE ARREST TWO SUSPECTED FRAUDSTERS IN LAGOS. (PHOTO).

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 Police arrest two suspected fraudsters in Lagos


The Police Command in Lagos State have arrested two fraud suspects, Seyi Demola, 26 and Wale Lawson, 27, who allegedly specialise in defrauding members of the public.

Police spokesperson in the state, SP Benjamin Hundeyin, confirmed the arrest in a post he shared on his X (formerly Twitter) handle @benHundeyin on Saturday.

He said that the suspects were arrested on Saturday by officers from Isokoko Division of the command.

“The suspected fraudsters were arrested by officers from Isokoko Division following a distress call.

“They were found with two female handbags, cash and an iPhone,” he said.

According to him, preliminary investigation reveals that many people have fallen victim to their scheme.

The spokesperson said that investigation into the case was ongoing.

In the video Hundeyin attached to his post, the woman narrated how she nearly fell victim to the suspects’ tricks.

She said that one of the suspects, who claimed to be a prophet, approached her for prayers.

“He told me and his accomplice, who pretended to be seeking help from him, to buy sachet water and use it to pray for each other.

“He instructed the man to pray with the water for me and give me his bag to hold.

“Then he said it was my turn to pray for the man, so I should give him my bag, which I complied.

“During the prayer, he asked me to call out my phone’s password claiming the password will be used to receive favour, ” she said.

According to her, the suspects told her not to look back or else she will become Lot’s wife in the Bible.

She said that the suspects were about to mount a motorcycle to run away when people intercepted them and that was when she realised that the suspects knew each other.

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