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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TERRORISTS KILL EX-KADUNA COUNCIL BOSS AFTER COLLECTING RANSOM.(PHOTO).

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Terrorists Kill Ex-Kaduna Council Boss After Collecting Ransom

Terrorists have killed the immediate past Secretary of the Birnin Gwari Local Government Area of Kaduna State, Abubakar Aliyu, after collecting ransom from the family.

Aliyu, popularly called ‘Mai Yalo’, was abducted on his farm three weeks ago by the hoodlums.

The Chairman of the Birnin Gwari Emirate Progressive Union, Kasim Kasai, confirmed the incident in a statement on Friday.

According to him, the bandits collected an unspecified amount as ransom but killed the former LG boss about 11 days ago.

The statement partly read, “We were told of his death yesterday (Thursday) by his younger brother who escaped from the bandits’ den.

“According to his family and friends, the Salatul ga’ib in respect of him will take place on Saturday, 10th Dhul-Hijjah, 1443 (July 9, 2022) at the Izala Eid Ground, Near Airforce Base, Funtua Road, B/Gwari, Kaduna State immediately after Eid el-Kabir prayer.

“Those who cannot be at B/Gwari at that time can pray for the repose of his soul wherever they may be.”



 

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