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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FRAUDULENT IMMIGRATION OFFICER AND HER SIX ACCOMPLICES NABBED AT BEITBRIDGE POET OF ENTRY. (PHOTO).

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 Members of Operation Vala Umgodi arrested a 56-year-old female immigration officer stationed at Beitbridge Port of Entry in Musina during a sting operation on Sunday morning, September 29, 2024.

It is reported that around 06:30 hours, the team was conducting an operation aimed at fighting corruption and the complainant saw a female officer receiving R3100.00 which she was able to substantiate and they also found six passports belonging to foreign nationals.


The owners of these passports were traced and were on buses coming from Malawi and were waiting to be cleared at the port of entry. All the individuals, aged between 27 and 43, were questioned and were unable to give satisfactory explanations about their passports and the cash found in the officer’s possession.


The Limpopo Provincial Anti-Corruption Unit was alerted and both the cash and passports were confiscated and registered as evidence.


All the accused are scheduled to appear before the Musina Magistrate’s Court on Monday, September 30, 2024.

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