INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
An Onitcha based human trafficker,mrs Grace Onye,52 years old told the police through her confessional statement that she specialises in the illegal business of buying babies in Lagos for sale to those who required them.she admitted that it was not her first time of coming to Lagos to buy babies,adding that she had been coming to lagos to buy babies in the past 3 years.she told the police that she sold all the babies to those in need,especially barren women.she was arrested along with her customer,45 years old mrs Ngozi Ikeh who is barren and needed a child.they were arrested at Ikotun in the morning while going back to Onitsha with a stole baby sold to them for N300,000 by their contact man who is now at large.the suspects confessed that they had a contact man simply identified as Samuel who usaully lodged them at Francis inn hotel located at Abiola street,Igando road,Ikotun whenever they are in Lagos to buy babies.Grace confessed further that it was in that hotel that Samuel brought the baby and collected N300,000.Joy Olowolade,the 2 tear old stolen baby was allegedly kidnapped at 6,Oladunjoye street,off Igando road,Ikotun Lagos.Samuel abducted the baby at stated address in a dramaticform around 4pm on monday,when he threw a banger in the compound where Joy was playing with other kids.the sound of the banger caused confusion in the compound and the children ran in away in different directions.when the dust settled,Joy was no where to be found.her elder sister,Eniola Olowolade,after searching for her sister alerted her parents,Ayodele and Funke Olowolade,of her disappearance.Neigbours confirmed that she saw the man who snatded the baby during the confusion.Olowolade and neigbours later arranged themselves in groups to look for the Joy but they did see her.Around 4am,the following day,the Olowolade's and their neigbours moved round the streets again,looking for Joy.that's when they saw a woman,walking briskly and carrying a baby on her back with her friend.somebody shouted the name of the missing baby and Joy answered ma.immediately the baby answered,the trafficker and her friend ran.they tried to drop the baby but they were caught by the rescuers.they were beaten and later handed over to the police at Ikotun Division who transferred them to the State Criminal Investigation Department.
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