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
Armed robbers operating on a motorcycle yesterday monday killed a middle-aged man and injured another during a robbery attack at Total filling Station beside Kamo Plaza in Upper New Market road,Onitsha,Anambra State.According to a resident of the area identified as Divine Olisa,the robbers hid their guns inside a sack and pretended as if they wanted to buy fuel.After they were attended to,the suspected robbers brought out their guns and shot a man in the leg.They also entered the cashier's office and shot him dead.The robbers were said to have fled on their motorcycle before the arrival of security operatives.One more photo below.
Comments
Post a Comment