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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4 CHINESE ARRESTED TODAY,BY THE NIGERIAN CUSTOMS FOR ILLEGAL IMPORTATION IN KANO.

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Customs boss, Dikko Abdullahi Inde                    According to sources,the Nigerian Customs Service Anti-smuggling Taskforce today thursday in Kano arrested three Chinese nationals for illegally importing printed textile materials worth billions of Naira to Nigeria.The leader of the task force and Deputy Controller of Customs,Hassan Shallangwa,disclosed this while briefing newsmen in Kano.He said the suspects were apprehended during a specially arranged operation following a tip off.The four persons were arrested in connection with the illegal printed textiles materials.He said the suspects illegally stored the materials at six warehouses located at Gandun Albasa commercial layout in Kano metropolis.Shaallangwa said 20 other warehouses located in various places in the metropolis were suspected to be stocked with illegal items.He warned that the Nigerian Customs Service would not fold it's arms and allow any person or group of persons to continue to perpetrate acts of illegality in the country.''Henceforth,any foreigner who violates the law of the land will not be allowed to operate in the country.Acts that are negatively affecting our economy will not also be allowed to thrive in the country''.Shallangwa said as soon as investigation was completed,the suspects would be charged to court for proper prosecution.

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