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

EFCC CONFIRMS BOBRISKY'S ARREST; GIVES REASONS. (PHOTO).


 EFCC confirms Bobrisky’s arrest; gives reasons


The Economic and Financial Crimes Commission has confirmed the arrest of Bobrisky at Murtala Muhammed International Airport while on his way out of the country. 


In a chat with LIB, the spokesperson of the commission, Del Oyewale, said the crossdresser was arrested over the claims he  made in the audio  conversation social critic, Very Dark Man, released in October.


In the audio conversation, a person purported to be Bobrisky claimed he paid the EFCC N15 million to drop the money laundering charges filed against him earlier this year. 


Oyewale said Bobrisky was arrested and detained so he can help in the investigation of the bribery allegation made in the audio recording. He said Bobrisky was invited for questioning following the release of the audio but he refused to show up, forcing the agency to arrest him.


Bobrisky has however denied being the person heard in the audio tape.

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