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

6-LIVES LOST AFTER A FATAL ACCIDENT OCCURRED YESTERDAY AT AWKA-AGULU ROAD.{PHOTOS}.


Image may contain: car and outdoor    A multiple fatal accident occurred this yesterday morning at Umuowele village, along Awka - Agulu road, shortly after the lake...
 The accident which claimed 6 lives involved 5 vehicles.
Eye witnesses said the 7 ton truck with registration no Abia XB 285 MBA, loaded with roofing heavy metals lost control while descending the "Ugwu Court " close to Golden Tulip Hotels, Agulu.
Victims were rushed to Saint Joseph hospital, Adazi, where 6 people were confirmed dead, some on life support while others are receiving treatment.
The State governor, Chief Willy Obiano visited the scene with some members of the State Executive Council and the State Comm of Police, Mr John Mbang.
Chief Obiano supervised the rescue operations by men of the Federal Road Safety Corps led by the State Commandant, Mr Andrew Kumakpai.
The Executive Secretary, State Emergency Management Agency, Mr C.Y. Agupugo, members of staff and men of the Red Cross were on hand to assist with the evacuation and opening the Agulu road to traffic.More photos below.
Image may contain: one or more peopleImage may contain: one or more people, people standing and outdoorImage may contain: one or more people, people standing and outdoorImage may contain: outdoor

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