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

BANDITS SLAM MULT-MILLION NAIRA LEVY ON KADUNA FARMERS.(PHOTO).


Bandits Slam Multi-Million Naira Levy On Kaduna Farmers

Farmers in Birnin Gwari Local Government Area of Kaduna State have reportedly agreed to pay the huge amount that bandits levied them to access to their farmlands.

According to Ishaq Usman Kasai, Chairman Birnin-Gwari Emirate Progressives Union (Union), bandits imposed multi-million naira levies on the farmers.

In a statement, he said the farmers resorted to negotiating with the bandits because they were helpless.

He said farming activities had been crippled in Birnin-Gwari had been crippled as about 70 percent of farmlands have been inaccessible by farmers in the last three years.

“In many Communities, farmers paid millions of Naira before they were allowed to access their farmlands.”

“Some of the agreements reached at the negotiations on the side of the farmers include allowing the farmers to access their farmlands without kidnapping or any form of intimidation by the bandits while the bandits should be allowed to be coming to towns and villages where the peace deals were entered for healthcare, buying and selling as well as any other normal business,” he said.

He explained further that the negotiations allowed the farmers that were sacked by the bandits in communities such as Katakaki, Ganda, Mashigi, Ginsa, Biskin, Layin Mai-Gwari, Kwasa-Kwasa and many others access their farmlands.

BEPU added that many bandits have farms in those Communities, adding that the notorious warlord, Dogo Kachalla Gide, has farms in Mashigi area.

Kasai said the bandits had suspended kidnappings and attacks in some communities but they have continued to snatch motorcycles and other valuables from farmers.

He called on the state government to adopt any measure it finds suitable to prevent terrorists from spearheading anarchy in Birnin-Gwari and environs.


 

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