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

SIMISOLA FAJEMIROKUN AJAYI ACCUSED IBRAHIM LAMUWA OF HARASSMENT, INVITED BY ICPC. (PHOTO).


 SIMISOLA FAJEMIROKUN AJAYI ACCUSED IBRAHIM LAMUWA OF HARASSMENT, INVITED BY ICPC



The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has invited Simisola Fajemirokun Ajayi, an employee of the federal ministry of foreign affairs, for interrogation over a probe into alleged graft. Ajayi who is married made news last week after she accused Ibrahim Lamuwa, the permanent secretary of the ministry, of sexual harassment. LIB had reported that the Minister of Foreign Affairs, Yusuf Tuggar, had written a letter to the Head of service of the federation, Folasade Yemi-Esan, alerting her about the “persisting” allegations of sexual harassment against Lamuwa.


In a letter dated May 27, Tuggar said he felt it was necessary to write Esan following the “gravity of the matter”. Ajayi, through Femi Falana, a senior advocate of Nigeria (SAN), had informed Tuggar of Lamuwa’s alleged sexual advances. Lamuwa has since denied the allegation, claiming that he turned down Ajayi’s request to pay her bills during an overseas trip. However, in a new twist to the saga, the ICPC has invited Ajayi to appear at its headquarters in Abuja today June 14 for an “interview”.


In a letter of invitation dated June 11 addressed to the minister of foreign affairs, the commission said it is “investigating an alleged violation of provisions of the Corrupt Practices and Other Related Offences Act, 2000 and it has become imperative to have recourse to your office”.


“In view of the above, pursuant to section 28 and 40 of the said Act, you are kindly requested to release and direct Mrs Simisola Fajemirokun Ajayi of the ministry to appear for an interview before the undersigned at the Commission’s headquarters, Abuja, on Friday 14th June, 2024 at 1100 hours,” the letter reads in part


The letter, which was signed by S. Yahaya, acting director of information at the ICPC, did not give details of the violated act for which Ajayi was invited.

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