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

LAGOS POLICE RESCUE DEBTOR TIED TO A STAKE OVER N4.6M DEBT .{PHOTOS}.#PRESS RELEASE.


The Operatives of the Lagos State Police Command has rescued an alleged debtor, Reuben Alozie tied to a stake by one Okoye Oluchi over unpaid N4.6m debt.


In a press statement e-signed and released to the National Association of Online Security News Publishers (NAOSNP) by the Command's Spokesperson, CSP Adekunle Ajisebutu stated that, "A young creditor identified as Oluchi Okoye aka PACA has been arrested by policemen attached to the Denton Police Station for tying his debtor, Reuben Alozie, to a stake over unpaid N4.6m debt."


The suspect tied the victim to a stick with ropes at No. 29, Abeokuta Street, Ebute Metta, Lagos from 22nd September to 23rd September when he was eventually rescued by the police.


According to the suspect, he resorted to self help after several efforts to recover his money from the victim failed.


The arrest of the suspect was made possible following a complaint lodged at the station by victim's wife, Angela Reuben who reported that her husband was deprived of his liberty by the suspect who held him hostage.


Following the arrest, the Commissioner of Police, CP Hakeem Odumosu directed that the suspect should be transferred to the Command's Tactical team for diligent investigation and prosecution.


The Commissioner of Police uses this medium to warn people against taking the law into their own hands instead of taking legal actions to seek justice.



SIGNED:


CSP ADEKUNLE AJISEBUTU (ANIPR),

POLICE PUBLIC RELATIONS OFFICER,

LAGOS POLICE COMMAND..

One more photo below.

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