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 the Nigerian police,two masquerade was arrested today in Nsukka Local Government Area of Enugu state for allegedly beating up a passenger Mr Chinonso Ezewaji {who deals on clothing materials} on a commercial motorcycle {popularly known in Nigeria as Okada},and robbing him of N57,000.They beat him,searched him and collected his N57,000.When they left he ran into the bush and when he discovered they have gone some distance,he came out and went to report the police.The incident happened on the Nsukka/Oballa-Afor highway.A police source said policemen were moved to the scene when the victim Chinonso Ezewaji,reported the matter to Nsukka Police Area Command and the two men were arrested.The escorts of the masquerades ran away.''There were eight masquerades,they blocked the Nsukka/Obollo-Afor road and harassed people.The two masquerades arrested however denied collecting the N57,000 from Mr Chinonso,but claimed they know the person who collected the money from the victim.When we searched one of the arrested masquerades,we saw Indian hemp in his pocket''.The two men wearing the masquerade costume were identified as Kenchukwu Eze,a carpenter and Ejiofor Eze,a brick layer.They claimed their colleage Chima Mamah stole the money.They pleaded that if they were released by the police,they will not wear masquerade costume,nor smoke indian hemp again.Mr Ebele Amarizu,Public Relations Officer,Enugu state Police Command confirmed the incident,and narrated the same story i wrote above but added that ''The police are not against the people practicing their tradition and culture,but community leaders must know the character of people they allow to wear costume of masquerade in the name of culture.A masquerade has no right to mount road block on busy highways where motorists,motorcyclists and other road users move on daily basis.The police have commenced investigation and will get to the root of this matter as issues of masquerade disturbing people have become a recurring decimal''.
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