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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KDSG DEBUNKS CIRCULATED MESSAGE,URGES CITIZENS TO GO ABOUT NORMAL ACTIVITIES.(PHOTOS).#PRESS RELEASE.

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KDSG Security Update: Wednesday 10th August 2022. 

KDSG debunks circulated message, urges citizens to go about normal activities. 

- Kaduna-Zaria road safe 

The attention of the Kaduna State Government has been drawn to a widely circulated message advising citizens not to enter or exit Zaria, alleging the presence of hundreds of bandits at Dumbi and Jaji along the route to Zaria. 

The Kaduna State Government wishes to firmly debunk that message, and urges citizens to disregard it completely. It is an obvious attempt to spread panic. 

The Kaduna State Government assures all citizens and travelers that the Kaduna-Zaria route is safe for travel. Residents are urged to go about their normal activities and pay no attention to the false report. 

Signed
Samuel Aruwan 
Commissioner, 
Ministry of Internal Security and Home Affairs, Kaduna State


 

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