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 ABDUCTED FOUR TRAVELLERS IN ANAMBRA TODAY.(PHOTO).

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Gunmen Abduct Four Travellers in Anambra

No fewer than four travellers were abducted by suspected gunmen in Anambra State on Sunday.
The suspects burnt their Hilux vehicle and made away with a SUV belonging to their victims.

The incident happened around 3pm on Sunday at Nise market in Awka South local government area, few kilometers away from the Governor’s lodge at Amawbia.
The Nation gathered the suspects stopped at the arena, robbed some persons before making away with the SUV.
The operation by the hoodlums, according to a source, lasted for about 30mins.

 
When contacted, Anambra Relations Officer, Ikenga Tochukwu, confirmed the incident.

 
He said the suspects were being trailed by security operatives, who had been deployed by Commissioner of Police, Echeng Echeng.

Tochukwu said security operatives had cordoned off the area to protect the residents, while further investigation continued.

According to him: “We’ve not got the details of the incident in full, but our men have been deployed to the area.


 

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