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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KIDNAPPED KADUNA DPO REGAINS FREEDOM .(PHOTO).

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Kidnapped Kaduna DPO Regain Freedom

The Divisional Police Officer (DPO) of Birnin Gwari in Kaduna State who was kidnapped in June by terrorists was released on Wednesday.

The DPO, Sani Mohammed, a chief superintendent of police, was kidnapped alongside many travellers on the troubled Birnin Gwari highway while travelling to commence work as the DPO of the council area.

He was transferred from the Panbegua Division in Kubau Local Government Area.

He was abducted after his convoy was overrun by gunmen.

On Thursday, the younger brother of the released officer, Adamu Abdullahi, told PREMIUM TIMES that the police have secured the release of the officer.

Mr Abdullahi said the DPO has been reunited with his family following his freedom on Wednesday.

“He was freed by the police, the police have done the needful, we are thankful to the Inspector General Police, the Police Commissioner in Kaduna and the command’s spokesperson, Muhammad Jalige.

“We are grateful to the journalists and the prayers from the public who show concern about the kidnap incident,” Mr Abdullahi said.

Kaduna, in North-west Nigeria, is one of the states troubled by terrorism with various armed groups, called bandits by locals, killing and kidnapping residents of rural communities including security agents.


 

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