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
Today saturday morning,the brother of Godwin Ekpo,the husband of a woman Idongesit,who was shot dead by policemen at Isheri Oshun,died today.According to his brother,he died at Lagos State University Teaching Hospital Ikeja where he was taken for treatment early today morning.The victims were shot by a team of policemen attached to the Isheri Osun Police Division in Alimosho Local Government Area.The couple was returning from a church programme on wednesday in a tricycle belonging to the family to their in Abaranje in Ikotun when the incident happened.Godwin met a police checkpoint at Obalage bus stop,where other tricycle riders were being reportedly extorted by an eight man police team.When they approached the busstop,a police officer identified as Aremu Muesiu,reportedly opened fire on the tricycle when the couple refused to give the cops bribe.The bullet pierced through the tricycle back side and hit Idongesit,who was breast feeding a three month old baby.She died at the spot while Godwin who was also hit by the bullet sustained serious injury and was rushed to Ikeja General Hospital where he eventually died.The late couple who lived at Daniel street in Ejigbo before they relocated to Abaranje had four children.The incident sparked protest by motorcycle riders on thurday who shut down Ijegun Road in Alimosho area of Lagos.The police team who were involved in the check point toll where the incident happened have been arrested and transferred to the State Police Command Headquarters at Ikeja for investigation.My heart goes out to the family of the deceased couple.
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