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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GUNMEN ATTACK BULLION VAN IN ANAMBRA STATE. (PHOTO).

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Gunmen Attack Bullion Van in Anambra

Gunmen suspected to be robbers, on Thursday evening, attacked a bullion van in Ufuma, Orumba South Local Government Area of Anambra state. 

A source confirmed that the bullion van was conveying cash to an undisclosed location when the gunmen trailed them to the agrarian community of Ufuma, and opened fire on the truck and security men accompanying it.

“It happened at about 5pm today (Thursday), and there was heavy shooting in the area.

“All the residents of the community fled, while security operatives attached to the bullion van battled the armed robbers. The police was able to stop them from succeeding,” the source said.

Meanwhile, the State Police command has confirmed the incident.

Spokesperson of the command, DSP Toochukwu Ikenga said the event happened at about 4pm, but the armed men were eventually repelled.

He said: “Operatives attached to the bullion van gallantly repelled the attack. The incident happened at about 4pm in Umunebo junction, Ufuma.

“The Commissioner of police CP Echeng Echeng has since ordered immediate manhunt on the attackers. The operational vehicles belonging to the armed robbers have been recovered.”

He said a Lexus jeep and a highlander jeep belonging to the robbers have been recovered. Other items recovered are: one empty magazine, defaced bullet proof vest, charms and some incriminating items.


 

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