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

WHY I REJECTED N150M BRIBE FROM LAGOS BUSINESSMAN- POLICEMAN. (PHOTO).


 Why I rejected N150m bribe from Lagos businessman – policeman


A Superintendent of Police, Ibrahim Sini has said he turned down a N150m bribe allegedly offered to him by a Lagos-based businessman, Akintoye Akindele to have peace of mind.

Akindele who was arraigned for the offence at the Federal High Court in Abuja in August 2023 was remanded in the Kuje correctional centre.

According to the charge sheet, the bribe was offered to allow police to permit him to escape abroad and to write a favourable report for him after the investigation.

Sini was said to have led the Inspector General of Police’s team of investigators handling the case against the businessman.

Speaking at a dinner organised to honour him on Friday, Sini said, “I am very happy to be here and I want to appreciate the organisers of this programme. They have beat my imagination and they have added more grease to my elbow.

At the event, Sini was given a plot of land in Abuja.

“Yes, I remember when the incident happened, the person in question asked me, do you want to be rich?  He said, this is an opportunity for you to be rich.

“So what I said was that it depends on the kind of riches.  I would like to have money that I can lay my head down and sleep at night.  I don’t want to have something that will make me think twice and be running from one hole to another. So, I would like to do justice and have peace of mind.

“So, I decided to do the right thing so that I can have peace of mind and also stand to do what is right for myself, for my organisation, that is, the Nigeria Police and also for the country at large.”

He advised youths in the country not to trade their integrity for anything.

Presenting the document of the land to Sini, the Federal Capital Territory Commissioner of Police, Benneth Igweh said SP Sini’s conduct has brought pride to the Nigerian Police Force.

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