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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2 PEOPLE DEAD YESTERDAY,WHEN TWO TRAIN COLLIDED AT AGEGE LAGOS.

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               According to sources,two passengers were confirmed dead,while one other person sustained severe injuries,when two trains collided yesterday sunday in Agege,Lagos state.Mr Akin Osinowo,Lagos Railway District Manager {RDM},confirmed this to the News Agency of Nigeria {NANA},today monday.Osinowo called on the families of the deceased to come and collect the corpses at the Federal Medical Centre {FMC},Ebute Meta,with relevant information.Osinowo said that the two casualties were passengers who illegally hanged on the rooftop of the moving train.The injured passenger was currently receiving treatment at an hospital.The district manager said that the Managing Director of the NRC,Mr Adeseyi Sijuwade,has instituted a panel of inquiry to find out the immediate and remote causes of the incident.

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