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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LIFELESS BODY OF LADY RECOVERED FROM AN HOTEL AFTER SHE CHECKED INTO THE HOTEL WITH A MAN IN CALABAR. (PHOTO).

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The Police Command in Cross River has confirmed the recovery of the lifeless body of a middle-aged lady in a hotel at State Housing in Calabar.

The command spokesperson, Irene Ugbo, told journalists that hotel staff members found the body in one of the rooms early this week.

She said the identity of the deceased was yet to be ascertained.

Ms Ugbo said the lady and a male friend had checked into the hotel on Saturday night.

According to her, the unidentified male guest left early in the morning under the guise that he was going to withdraw money from the ATM but failed to come back three hours later.

She, however, said seven staff of the hotel had been arrested for interrogation.

“We arrested them because we need them to produce the contact of their guest in a bid to get to the root of the matter,” she explained.

The police spokesperson advised hoteliers to ensure the data collection of guests.

”We are already on the trail of the deceased’s partner who absconded. I can assure the public that he would be apprehended as soon as possible,” she said.


 

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