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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NIGERIA POLICE INTERCEPT HEAVILY ARMED KIDNAPPERS ON THEIR WAY FOR OPERATION.{PHOTO}.

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                   In continuation of targeted onslaught against crime and criminality throughout the country,the Inspector General of Police Intelligence Response Team {IRT} recorded a major breakthrough in Rivers and Bayelsa states.
2. Acting on credible intelligence and public support,on the 29th of November,2016,the IRT intercepted a four-man gang of heavily armed kidnappers,notorious for terrorizing the waterways and kidnapping in Rivers and Bayelsa states,along Azikiwe Road,Port Harcourt,Rivers State on their way for an operation.A gun duel ensued,after which three of the kidnappers were fatally wounded while one James Peter 'm' aged 30 years from Southern Ijaw LGA of Bayelsa State was arrested.
3. The arrested member of the gang has since been cooperating with the police in their investigation by providing very valuable information on the membership of the gang and their modus of operation.
4. Weapons recovered from the kidnappers include one General Purpose Machine Gun {GPMG},one AK47 rifle,chains of GPMG ammunition and two fully loaded AK47 magazines.Efforts are in top gear to arrest fleeing members of the gang and recover their cache of arms.
5. Meanwhile,the Inspector General of Police,IGP Ibrahim K. Idris,NPM,mni has once again enjoined Nigerians never to hesitate to provide the police with valuable information and assures them of renewed commitment on the part of the force in the fight against crime and antisocial behaviour.

DCP DON N. Awunah,fsi
Force Public Relations Officer,
Force Headquarters,
Abuja.


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