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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GUNMEN ATTACK MILITARY CHECKPOINT IN ENUGU.(PHOTO).

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Gunmen attack military checkpoint in Enugu

Barely three weeks after gunmen shot and killed about three policemen at New Haven area of Enugu State, hoodlums have attacked a military checkpoint at Obeagu-Amodu road in Enugu South local government area.

It was gathered the gunmen stormed the area in two Lexus RX SUV and one Toyota Sienna bus around 7:25 am on Tuesday.

They reportedly opened fire at the combined team of police and military.

Read Also: Gunmen kill wife of Enugu vigilante operative

The operatives were said to have swiftly responded to the attacks, leading to a heavy shootout in the area.

Sources told our correspondent that the incident left behind a number of casualties.

Though the number of casualties was yet to be confirmed there were speculations two deaths were recorded during the shootout.

It was learnt that the incident caused panic among the residents of the area and its environs.

Enugu Police spokesman DSP Daniel Ndukwe did not pick call or respond to text messages for confirmation of his incident.


 

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