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

KADUNA-ABUJA TRAIN KIDNAP: TERRORISTS RELEASE SEVEN MORE PASSENGERS.(PHOTO).


Kaduna-Abuja Train Kidnap: Terrorists Release Seven More Passengers

No fewer than seven hostages abducted from the Kaduna-Abuja train on March 28 have been released.

The seven hostages released by the terrorists include a family of six and a woman.

Their release was confirmed to journalists in Kaduna by Tukur Mamu, Publisher of Kaduna-based Desert Herald and Media Consultant to a controversial Islamic cleric, Sheikh Ahmad Gumi.

The identities of the released family of six are Abubakar Idris Garba, his wife, Maryam Abubakar Bobo, and their eldest son, Ibrahim Abubakar Garba, who’s 10 years old.

Others include Fatima Abubakar Garba (7), Imran Abubakar Garba (5), and youngest Zainab Abubakar Garba, who is only one and half years old.

Abubakar Idris Garba, a staff of the National Assembly Service Commission, is the son of a former military administrator of Kano and Benue states.

Also released is a 60-year-old woman, one Hajia Aisha Hassan, who was said to have been released due to life-threatening health challenges that deteriorated recently.



 

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