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

POLICEMEN SHOT FRSC OFFICERS YESTERDAY FOR STOPPING ABIA SPEAKER'S WIFE CAR.{PHOTOS}.

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''The Abia State House of Assembly Speaker, Chikwendu Kalu, on Saturday, allegedly ordered some policemen in the state to shoot officers of the Federal Road Safety Corps on patrol. Eyewitnesses told SUNDAY PUNCH that the speaker gave the order when the FRSC officers stopped the Sport Utility Vehicle his wife was travelling in along the Umuikaa/Aba-Port Harcourt Expressway.
“The driver reversed the vehicle and it was discovered that a woman in the passenger seat in front, is an officer of the Department of State Services attached to the governor’s wife. “The DSS officer ran towards the officer who stopped the vehicle, held him by uniform and dragged him to the ground, accusing him of hitting their vehicle,” a reliable source told SUNDAY PUNCH. The source added that the speaker’s wife allegedly joined the policemen to beat the official.
“One of them called the speaker whose village is nearby. He then came with some policemen. He ordered them to shoot the armless officers who were sitting inside the patrol vehicle and mercilessly beat up the team leader.
“The policemen also forcefully opened the patrol vehicle and went away with the battery. They left the team leader and the other officials that were shot on the road. Other road users helped them to the hospital,” said the source.
The FRSC Corps Public Education Officer, Bisi Kazeem, confirmed the incident. He said the case had been “reported to the commissioner of police in the state for further investigations and that it won’t deter the FRSC from saving lives on the highways.”When contacted, the Chief Press Secretary to the speaker Mr. Okey Chikwendu promised to confirm the incident and get back to our correspondent. He had yet to do so as of the time of filing this report.''.
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