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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KADUNA TRAIN HOSTAGE NEGOTIATOR ARRESTED IN EGYPT.(PHOTO).

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Kaduna Train Hostage Negotiator Arrested In Egypt

The spokesperson for the Kaduna-based cleric, Ahmad Gumi, Tukur Mamu, was arrested in Egypt Tuesday.

He was arrested and detained by Interpol at the Cairo International Airport while awaiting a connecting flight to Saudi Arabia.

Mr Mamu, who is the Publisher of Desert Herald Newspaper in Kaduna, negotiated the release of some of the victims of the March 2022 Kaduna Train attack.

He, however, told PREMIUM TIMES Wednesday morning that he has been flown back to Nigeria by Interpol after he was interrogated and nothing was found incriminating against him.

He was accompanied by his two wives and one other person.

He is expected to arrive at Aminu Kano International Airport in Kano Wednesday afternoon and may be interrogated further by officials of Nigerian secret police, Department of State Security (DSS).

Mr Mamu announced his withdrawal as the lead negotiator in securing the release of the hostages of the Abuja-Kaduna train attack after he alleged a threat to his life by the Nigerian government.

The terrorists are still holding several of the victims captive.

Detail later…


 

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