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 TWO FOR ILLEGAL POSSESSION OF FIREARM IN LAGOS.(PHOTO).#PRESS RELEASE.

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 POLICE ARREST TWO FOR ILLEGAL POSSESSION OF FIREARM 



Detectives of Badagry Division of the Lagos State Police Command have arrested one Sodiq Muftau ‘m’ aka Mainama aged 30 and Surakat Toheeb 'm' aka Elewedu aged 29 in Badagry on Friday, September 23, 2022 at about 18:30hrs.

The suspects were arrested when policemen on routine patrol noticed their suspicious movement within Ajara Community. Other members of the gang took to their heels upon sighting with the police. 

After a thorough search of the suspects, a locally made double-barrelled pistol,nine live cartridges, charms and weed suspected to be indian hemp were found in their possession. 

Investigation revealed that the suspects are members of Eiye Confraternity in Badagry and environs. 

Effort is in place to unravel more details about their activities and source of the firearm. Suspects would be arraigned at the conclusion of investigation. 

The Lagos State Commissioner of Police, CP Abiodun Alabi, fdc, while commending the detectives for a job well done, has charged officers and men of the Command to redouble efforts towards sustainingthe safety and security existing in the state.

SP BENJAMIN HUNDEYIN, anipr, mipra
Police Public Relations Officer,
Lagos State Command,
Ikeja.

October 2, 2022.

 

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