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
According to sources,the attack took place in the early hours of today thursday as the Dakuku Peterside APC Rivers state governorship candidate's campaign train,hit Omoku.APC {Headquarters} office is located in Omoku of Ogba/Egbema Andoni Local Government in River state.The campaign manager of Dakuku Peterside organization in Ogba/Egbema/Andoni LG,Austin Ahiamadu said ''The attack on the party's office was intended to disrupt the APC campaign rally.''Throughout the night there were sporadic shooting with gunmen attacking key loyalists of our party.Other parties have organised campaigns in Omoku and APC members have never attacked them.The action is cowardly and meant to intimidate APC''.
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