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

S. A. WOMAN DUPED BY HER TANZANIAN BOYFRIEND. (PHOTO).


 Tshwane Woman Loses R2.4 Million Pension Payout to Tanzanian Boyfriend

A devastating scam has left a 57-year-old Tshwane woman, Nobuhle*, financially strained and heartbroken after her Tanzanian boyfriend, Mark Kagame, vanished with her entire R2.4 million pension payout.


Gauteng police are searching for Kagame, who allegedly manipulated Nobuhle into resigning from her 30-year teaching career and withdrawing her pension lump sum. He convinced her that her ancestors had left her R20 million, but the money needed “cleansing” before use. Nobuhle withdrew the entire amount, hoping for its return after purification, but Kagame and his accomplice disappeared.


Nobuhle recalls her ordeal: “I couldn’t believe what was happening. When I tried contacting them, they had blocked me. I went to their homes, but they were gone.” The police investigation has stalled, leaving Nobuhle feeling desperate.


The police urge anyone with information about Kagame to come forward. This case highlights the importance of vigilance against scams targeting vulnerable individuals.

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