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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GUNMEN BEHEAD EBUBE AGU PERSONNEL IN EBONYI STATE. (PHOTO).

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Gunmen behead Ebube Agu personnel in Ebonyi State 



Sunday Nwafor, a member of the Ebube Agu security outfit in Ebonyi state, has been killed by gunmen.

The incident was said to have happened on Saturday in Ekpelu, Ikwo LGA of the state.
Confirming the incident to TheCable, Loveth Odah, spokesperson of the state police command, said the 30-year-old man was shot in his house before he was dragged out and beheaded.
Odeh said: “According to the wife, some people came to their house in the village and broke into the room.

“She overheard them telling the guy the ‘you left us in the bush to work with Ebube Agu where you are collecting N30,000′.
“She said she heard a gunshot. He was killed, dragged outside and beheaded.
“The commissioner of police condemned the inhumane act.

“He has vowed to do everything within the ambit of the law to ensure everyone directly or indirectly involved, are punished according to law.”
Odah added that two persons have been arrested in connection to the crime.
“Investigations are still ongoing to arrest the remaining perpetrators,” she said.

Source: The Cable
 

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