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
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48-YEAR OLD PAEDOPHILE BAGS 60 YEARS IMPRISONMENT YESTERDAY IN IKEJA COURT.

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      An Ikeja Domestic Violence and Sexual Offences Court, Lagos, yesterday, sentenced a 48-year-old man, Adelaja Olaide, to 60 years imprisonment for defiling a seven-year-old primary two pupil.
The convict, Olaide, a driver who resides at 17, Itun Oluwo Street, Ketu, Ejirin, Lagos, was convicted of a charge of defilement, which according to prosecution was committed on June 27, 2015.
Reviewing the case, the court stated that “this defendant is 48 years old and the court has convicted him of the offence of defiling an eight-year-old based on the overwhelming evidence of four prosecution witnesses and the medical report.
“This defendant can best be described as an animal without conscience.
“He has destroyed the life of this girl-child and she can never remain the same mentally, physically and emotionally.
“This defendant is not fit to walk on our streets; he is best described as a predator and should be locked up.
“I hereby sentence him to 60 years in prison without an option of fine.”
The prosecutor, Mr. Babajide Boye, who is a Chief State Counsel, said the convict committed the offence at his residence in Lagos.
He added that “the convict, who is a neighbour to the complainant’s family, lured the child (name withheld) to his apartment where he forcefully had unlawful sexual intercourse with her.”
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