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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MAN STABS MANAGER AT LOTTERY CENTRE OVER UNPAID DEBT.(PHOTO).

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Man stabs manager at lottery center over unpaid debt

Officers of Area K, Morogbo of the Lagos State Police Command have arrested one Kamalideen Raji 'm' aged 35 over the alleged murder of one person in the Badagry area of the state. 

The suspect, who was arrested at about 11.30am on Tuesday, August 2, allegedly stabbed his victim, a manager of a lottery center, twice in the neck over a disagreement about unpaid debts. 

The victim was rushed to Badagry General Hospital for medical attention but later gave up the ghost. 
 
Confirming the arrest, the spokesperson of the state police command, SP Benjamin Hundeyin, said the Lagos State Commissioner of Police, CP Abiodun Alabi, has directed that the case be transferred to the State Criminal Investigations Department, Panti for further investigations and  prosecution.


 

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