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 sources,at least 10 people have killed and several houses burnt in fresh violence that erupted today tuesday in Taraba State.But police said six people died in the clashes between the Fulani and Mummuye ethnic groups in Lau Local Government area of the state.Locals say today's violence started around 2a.m when a village,named Bonja,and Mayo-Kunga belonging to Fulani ethnic group,was attacked by suspected Mummuye youth.The attacks on the Mayo-Kunga village led to reprisals attacks on neighnouring communities.The Police Public Relations Officer for Taraba State,David Misal,said only six people were killed in the conflict.''Since the friday attack betwen the Fulani herdsmen and Mummuye farmers in Lushi,there have been reprisal attacks.For now six persons were confirmed killed on both sides while several others have been arrested,'' the PPRO said.Mr Misal,an Assistant superintendent of police,also confirmed that 80 houses had been torched.The latest killings and destruction of properties,including farmlands and domestic animals is coming barely a week after the state gover,Darius Ishaku,was quoted in the media as urging Christians according to Premuim Times,to rise up and and defend themselves against terrorists before they are annihilated.The governor made the call in Jallingo during a thanksgiving service organised by the Christians Association of Nigeria {CAN} to celebrate new year and to pray for victims of Southern Kaduna massacre and other victims of terrorism across the country.
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