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 Vanguard,the lingering war between social miscreants at Okesuna and Patey streets,Lagos Island,assumed a violent dimension yesterday,as three persons were feared dead.Many others injured in the free-for-all,in which broken bottles,knives,axes and guns were used.The warring factions,as gathered had been at daggers-drawn over supremacy for close to five years.The latest clash started after a man,identified as Osigin,was attacked at about 7a.m,while returning to his Oshodi home,which he fled from,following the crisis that erupted over the murder of Hamburger.He was said to have been stabbed by Patey boys for supporting their rival.When news of his attack filtered in,Okesuna boys went for his rescue and called for reinforcement from Oshodi boys.Osigin,as gathered,was rushed to a private hospital where he later died.News of his death sparked a renewed battle as miscreants from Okepopo,Salu Court and Okesuna invaded Patey Street,where two persons were reportedly shot.
Comments
Post a Comment