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

ATTACK ON NDA: TROOPS GO AFTER BANDITS AS MILITARY VOW TO RESCUE KIDNAPPED OFFICER.{PHOTO}.

After bandits invaded the Nigerian Defence Academy (NDA), located at Afaka permanent site of the institution and killed two personnel with the abduction of another officer on Tuesday morning in Kaduna state, the Military are currently trailing the dare-devil terrorists.


Major Bashir Muhd Jajira, spokesman of the establishment, which is the main institution, for the training of the elite corps of the Nigerian military – army, navy and air force, confirmed that its personnel, had commenced an intense manhunt to apprehend the perpetrators of the high crime.


The pursuit is being done in collaboration with the 1Division Nigerian Army and Air Training Command as well as other security agencies in Kaduna, Jajira, said in a statement, shortly after the news broke, adding that the search was being carried out within the general area with a view to tracking them and rescue the abducted personnel.

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