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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NSCDC SEALS ILLEGAL PETROLEUM REFINING SITE IN EBONYI, ARRESTS FOUR SUSPECTS. (PHOTOS).

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 NSCDC Seals Illegal Petroleum Refining Site In Ebonyi, Arrests Four Suspects


The Nigeria Security and Civil Defence Corps (NSCDC) has sealed an illegal petroleum refining site, following the arrest of four suspects in Ebonyi State.


This was disclosed in a statement signed by the Ebonyi State Command’s spokesperson, ASC Emmanuel Uneke, and obtained by Channels Television on Monday.


Uneke stated that the discovery was made on Saturday, November 9, 2024, through intelligence-led operation by the command’s Anti-vandal squad, who successfully disrupted an illegal oil refining activities at Ugwuachara in Abakaliki, the state capital.


According to the statement, the suspects arrested are Patrick Peter, Monday David, Aliyu Muhammed, and Oke Jeremiah, adding that a tanker truck with 45,000 litres of unrefined petroleum was also discovered at the site.


It added that preliminary investigation revealed use of fraudulent documentation to disguise the true purpose of the transportation of petroleum to Cross River State, indicating potential diversion for illegal activity.

One more photo below. 


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