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
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VICTIM RESCUED AS POLICE ARREST MAN WHO MASTERMINDED ABDUCTION OF HIS NEIGHBOR'S 8-YEAR OLD DAUGHTER IN LAGOS.{PHOTO}.

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The Lagos State Police Command has again arrested two male suspects, Desmond Ikechukwu Okafor (21) and Egwuonwu Gift Iyke (34) who allegedly conspired together and kidnapped an 8-year-old child, Daniel Chukwudi, on 11th July, 2021.

A statement released on Saturday August 21 by the spokesperson of the state police command, CSP Adekunle Ajisebutu, says the kidnap was planned and executed by the victim's neighbour, Desmond Okechukwu Okorafor who, using his unhindered access to the family, lured the victim from his parents' home at Aboru, Ipaja, and adopted him to Ajangbadi area of Lagos where he was kept in custody for six days before he was rescued. 

''Twenty -four hours after the evil act, the suspects reached out to the victim's parents and demanded 2.5m Naira ransom as a condition for his release from captivity or else he would be killed. 

Following report by the distraught parents, operatives of the State Intelligence Bureau began a painstaking, diligent investigation which led to the arrest of the two suspects in their criminal hideout while the victim was also rescued from his detention where he was kept incommunicado.'' the statement in part read

Ajisebutu added that the state Commissioner of Police, CP Hakeem Odumosu, has directed that the suspects should be charged to court, vowing that kidnappers and other criminal elements would not be allowed to operate in the State.

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