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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REGIONAL HOTEL OPERATION EFCC RAISES DISCIPLINARY TEAM AGAINST ERRANT OFFICERS. (PHOTO). #PRESS RELEASE.

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 Regional Hotel Operation  EFCC Raises Disciplinary Team against Errant Officers


The Executive Chairman of the Economic and Financial Crimes Commission,  EFCC,  Mr. Ola Olukoyede has raised a Disciplinary Team to look into the case of two errant officers of the Commission who allegedly assaulted a female staff of Regional Hotel, Ojo,  Lagos.


The officers were sighted in a viral video assaulting the staff of the hotel in an early morning sting operation on Thursday,  June 27,  2024.


Olukoyede ordered the arrest of the two officers and has directed them to appear before a joint Disciplinary Team comprising the Appointment, Promotion and Disciplinary Committee,  APDC and the Department of Ethics and Integrity.   They are billed to appear before the Team on Monday,  July 1, 2024 at the Corporate Headquarters of the Commission,  Abuja.


The Team would look into the case of the officers and recommend appropriate disciplinary measures to be taken against them. 


Olukoyede stressed that no stone will be left unturned in getting the officers to account for their unprofessional conduct.

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