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 DETAINED SEN. ELISHA ABBO YESTERDAY OVER ASSAULT ON A WOMAN IN A SEX TOY SHOP IN ABUJA.{PHOTO}.

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    The FCT Police Command has detained Senator Elisha Abbo over allegedly assaulted a nursing mother at an adult toy shop in Abuja.
In a telephone interview, the FCT Police Commissioner, Mr Bala Ciroma confirmed to Channels Television that the Peoples Democratic Party (PDP) lawmaker representing Adamawa north senatorial district is being detained to enable detectives complete investigation on the alleged assault.But according to another source,the Senator actually surrendered himself to the police yesterday.
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