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
NDLEA,National Drug Law Enforcement Agency,made these discovery during screening of cargoes on a south African Airlines flight at the Murtala Muhammed International Airport in Lagos,where they seized 9.2 kilogrammes of methamphetamine hidden inside palm oil.The drug was being exported to south Africa.A taxi driver,named Okwuokei Peter who brought the consignment has been apprehended by anti-narcotic officials,NDLEA.The suspect said that he was sending the drug to his regular passenger.He said ''one of my regular passengers asked me to send the gallon of oil to him.I thought i was doing him a favour but little did i know that it will land me in a big trouble.The suspect who hails from Delta state,lives in Lagos with his wife and four children. 
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