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 FIVE SUSPECTED INTERNET FRAUDSTERS IN ABUJA.(PHOTOS).#PRESS RELEASE

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 EFCC Arrests Five Suspected Internet Fraudsters in Abuja

 

Operatives of the Economic and Financial Crimes Commission, EFCC on Wednesday, June 6, 2024, arrested five suspected internet fraudsters in Abuja.


They were arrested following a predawn sting operation at the Ipent 7 Estate, Gwarimpa, Abuja, sequel to intelligence and surveillance on their alleged fraudulent activities in the estate.


Items recovered from them include: a white Toyota Hilux, ash-coloured Mercedes Benz GLK 350, 2014 Model and a white Mercedes Benz GLE 43, AMG 2017 Model.

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

More photos below.





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