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
At about 9.00am this morning,troops of Operation LAFIYA DOLE deployed behind Bakassi Internally Displaced Persons {IDP} camp,intercepted and killed a male suicide bomber who had attempted to sneak through the troops inner parapet towards the IDP camp.The vigilant sentry sighted the bomber and laid in wait until the suicide bomber came close.The sniper instantlt shot and killed the terrorists as he tried to force his way to the western flank of the IDP camp fence.Unfortunately,the Improvised Explosive Device {IED} vest strapped on the bomber failed to detonate.Consequently,a combined team of military and police Explosive Ordinance Device {EOD} have been called to safely detonate the IED.The situation at the camp and the general area is calm.
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