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

POLICE ARRAIGNS SEN. ADELEKE TODAY AT MPAPE MAGISTRATE COURT.{LIVE PHOTOS}.


    Live from the Magistrate Court, Mpape, Abuja. Senator Ademola Adeleke arriving the premises of the Mpape Magistrate Court today.He was entering the court with two fingers in the air. Showing double peace..aAccording to sources ''Force spokesman, Mr. Frank Mba, explained that Adeleke was picked up for a criminal offence.He said: “Senator Adeleke is currently in police custody. He was taken into custody in the evening of today 6th May 2019 in connection with ongoing criminal investigations touching on his person.
“Meanwhile, in the best tradition of natural justice and fair hearing, he has already been served with the relevant charge sheet containing his alleged offences in the presence of his Attorneys.
“He will be arraigned in a competent court of law tomorrow, 7th May 2019.”Meanwhile, the PDP has called for the immediate and unconstitutional release of its chieftain.
National Publicity Secretary, Mr Kola Ologbondiyan, made the call at a press conference on Monday in Abuja.
He described the arrest as total disregard for the extant order of the Osun State High Court, Ikirun, issued on Monday, restraining the police or its agents from arresting and detaining him''.More details later and more photos below.

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