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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USA COURT ORDERS MAYWEATHER TO PAY $2.4M TO NIGERIAN FIRM FOR CONTRACT BREACH. (PHOTO)

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 US Court orders Mayweather to pay $2.4m to Nigerian firm for contract breach


A U.S. court has ruled that Floyd Mayweather Jr. must pay $2.4 million to Zinni Media Concept Limited, a Nigerian company, for breaching a 2017 contract. The agreement involved Mayweather making appearances in Africa, including Nigeria, but he canceled and refused to return the advance payment. After a lawsuit, a California court ordered Mayweather to pay damages, which he appealed, but the ruling was upheld. Mayweather has yet to pay, and U.S. attorneys may target his luxury cars to enforce the judgment.

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  1. Anonymous7 October 2024 at 19:32

    Is better for him to pay this money before torchlight is used to search his entire existence.

    ReplyDelete

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