INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

POLICE ARRESTED 2 SUSPECTED BANK ROBBERS IN ANAMBRA AFTER A FAILED ATTEMPT TO ROB UNION BANK.

Image may contain: one or more people                The Police in Anambra have arrested two suspected bank robbers following their failed attempt to rob Union Bank Nkpor branch near Onitsha.Mark Ijarafu,the Divisional Police Officer in-charge of Ogidi division,made the disclosure in an interview with journalists in Ogidi on Sunday.Mr Ijarafu said: ''a three-man robbery gang at about 1.00 a.m. on June 24,stormed one of the Union bank branches located at Nkpor.''They tied the security man's handss at his back,cut the iron door with a machine before gaining entrance.Their target was to open the vault and cart away money,but they could not cut the fourth barrier after cutting their others.Although,their operation lasted till about 5.00 am,they only made away with a laptop.''.
Mr. Ijarafu said that following a tip-off,the police arrested the suspect with the laptop,who assisted the police in the arrest of the second suspect.He added that the police had launched manhunt for the third suspect.According to him,the two suspects,who confessed to the crime,have been transferred to the Special Anti-Robbery Squad,Awkuzu for further investigation.He als said that a suspected highway robber was arrested after a gun battle with the police during a robbery incident at Building Materials Market,Ogidi near Onitsha.Mr. Ijarafu said the suspected robber was a member of a gang that usually robbed inter-state traders,who visited Onitsha markets to but goods.''We received a distress call and rushed to the scene but on sighting us,they opened fire and ran away.However,the suspects operating in a Mitsubishi bus with registration number AWK424XJ and two motorcycles,managed to escape with bullet wounds except one person,'' he said.He listed items recovered from the suspects to include cash CFA 5,688,500,a motorcycle,25 handsets and one locally made pistol.He said the suspect had also been transferred to SARS,Awkuzu for further investigations.
Image may contain: one or more people

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).