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 ARRESTS 127 SUSPECTED INTERNET FRAUDSTERS IN AKURE. (PHOTO). #PRESS RELEASE

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 EFCC Arrests 127 Suspected Internet Fraudsters in Akure

 

Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested One Hundred and Twenty Seven (127) suspected internet fraudsters in Ondo State.

 

The alleged internet fraudsters were arrested in an early morning sting  operation  at a “Yahoo Party” held simultaneously at Signature and Abah Clubs on Saturday, June 8, 2024 in Akure, Ondo State.

 

Credible  intelligence showed that the alleged party was initially scheduled for Wednesday, June 5, 2024 but was later moved to Saturday to beat security and intelligence networks of the EFCC.

 

The suspects have given useful information to  Investigators of the Directorate. 

 

Items recovered from them include ten exotic cars, phones, laptops, motor-cycle, wristwatches and many incriminating documents 

 

They will be charged to court as soon as investigations are concluded. 

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