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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POLICE ARREST ARMED ROBBERS WHO ATTACKED KWARA STATE UNIVERSITY .(PHOTO).

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POLICE ARREST ARMED ROBBERS WHO ATTACKED KWARA STATE UNIVERSITY 


Men of the Kwara state police command have arrested a 20-year-old armed robbery suspect, Ridwan Abdulfatai, from Oke Fomo Ilorin and two other members of his gang. 

The spokesman for the Command, SP Okasanmi Ajayi, who confirmed the arrest in a statement issued in Kwara on Sunday, October 9, said the suspect attacked the students of Kwara State University, at about 3am on October 7. He said they were all robbed at their hostel called ‘Downtown’ hostel by armed hoodlums and their property forcefully carted away.

 “While approaching the suspected hide outhideout of the gang, the team was sighted by the hoodlums and the armed robbers took to their heels, one Ridwan Abdulfatai ‘M’ aged 20yrs, from Oke Fomo Ilorin was arrested by the detectives.

Consequently, the suspect under intense interrogation confessed he is the leader of a robbery gang terrorizing the Malete community and its environs, stating also that he is also a jailbird.''

The Police spokesman disclosed that a preliminary investigation led to the arrest of two other members of the gang, namely, Ibrahim Ridwan Akorede ‘M’ 25yrs of Oke Fomo area of Ilorin, and Aliyu Abubakar Apalado ‘M’ 25yrs, all confessed to the crimes.
 
Ajayi said the Commissioner of police set up a crack team of detectives comprising the Anti-cultists, Anti-Kidnapping, Anti-robbery, and personnel of Malete Division with the mandate to break the suspect’s foothold and bring the culprits to justice.

He said some of the items recovered from the suspects include One Locally made gun, One Jackknife and charms, and Eleven(11) Generators. Two (2) Motorcycles, One(1) small-size fridge, One(1) standing fan, One(1) pumping machine, Nineteen(19) iPhone 6 handsets, Three(3) iPhone11 handsets, Sixteen(16) iPhone 6 plus, Five(5) iPhone XR and other brands telephone handsets altogether totaling Eighty-seven (87) handsets, Ten(10) Laptops and Two(2) Television sets.

He explained that effort is still geared towards arresting the remaining members of the gang.



 

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