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
All hell broke loose when police discovers the corpse of one Mr Jimoh Olatunji Shittu,at 14b,Olaitan Mustaph,off Clem road,Ifako-Ijaiye,Ojokoro area of Lagos state.He died since 2012 and his 60 year old wife Mrs Joy Olatunji Shittu and her two children Aishat and Toyin,embalmed him and kept his corpse in their house in Lagos.One of their neighbours claimed that since 2012 when the man died,four of his children have also died in a suspicious circumstance,only the two arrested with her that are living.According to the widow Joy,she said her husband was sick for eight years before he died.When they traveled with his corpse to his mother's home town in Delta state to bury him on his land he bought there,they discovered that the land had been sold to another person who prevented them from burying him there.They had to bring the corpse back to Lagos.She refused burying her husband in the four flat compound they are living here in Lagos because it would expose his death to his family members,since she is not in good terms with her husband's family.Police arrested the widow joy and her two children on yesterday tuesday after a tip off.The police retrieved the corpse and deposited it at a mortuary for autopsy.The matter was immediately transferred to SCID,Panti.
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