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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KUJE PRISON ATTACK: 64 BOKO HARAM SUSPECTS HAVE ESCAPED- MINISTER OF DEFENCE,BASHIR MAGASHI.(PHOTO).

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Kuje prison attack: 64 Boko Haram suspects have escaped- Minister of Defence, Bashir Magashi

The Minister of Defence, Bashir Magashi, has said that no fewer than 64 inmates undergoing trial for terrorism were among those that escaped from the Kuje Medium Prison after the attack on Tuesday night, July 5.

Addressing journalists after taking an assessment tour of the facility, the minister said

“The attack started around 10:30pm. They came in their numbers gained entrance into the prison and released some of the inmates and which we are now following to see the kind of inmates that they have released.

“Very soon, we will give you the correct figure of the inmates that were taken. Aside that, we are trying to see what we can do to ensure that all escapees are returned back.

The prison is accommodating about 994 inmates and over 600 escaped. Many people have been recaptured and brought back to the prison. Maybe by the close of the day, more will have been captured and returned.

I think everything is under control. The people who came to do this activity, from the records, we believe they belong to a particular group. Most likely, they are Boko Haram members because we have sizeable number of Boko Haram suspects in detention, and presently we cannot locate any of them.

I think they are about 64 in the prison and none of them now is available they have all escaped.”

 

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