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

SIX OUT OF THE 136 KIDNAPPED TEGINA STUDENTS DEAD-PRINCIPAL.{PHOTO}.

Six Kidnapped Tegina Students Dead


Six of the 136 students kidnapped from an Islamic school in Tegina Niger state have died of illness, the school principal said.


The abductors have demanded a ransom to release the students, kidnapped in May after an armed gang on motorcycles attacked the school.


The principal, Abubakar Garba Alhasan, said the kidnappers had called to say the children died from sickness and to urge that the ransom demand be met.


Abubakar Adam, whose seven children are held by the gang, said the abductors called the principal to demand a ransom.

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