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

TRADER ARRESTED FOR PLOTTING TO SET ANAMBRA MARKET ABLAZE WITH CHARM. (PHOTO).#PRESS RELEASE.



Trader Arrested For Plotting To Set Anambra Market Ablaze With Charm

By Juliana Nwachukwu

A trader at Mgbuka Obosi Old Motor Spareparts Market, Idemili North Local Government Area, Anambra State, Mr. Ikenna Okafor, has been arrested for allegedly plotting to set the market ablaze in the wee hours of Monday, March 20.

He was said to have stormed the market at about 3.30 am, cleverly dodged the market security outfit and sneaked into the Vigilante Garage (VG) and set fire in one of the shops, to escalate to the entire market.

In the process, the security men saw the fire and on rushing to the scene, saw the man running, pursued him and arrested him even as he pleaded to them to mention any amount of money for him to be freed, but his plea felt on deaf ears.

The Chairman of the market, Chief Samuel Ifulunwa, was contacted by the security men on phone and he rushed to the market where he was briefed on the ugly incident.

Fielding questions from newsmen, the chairman said that the shop he started from, to set the market ablaze was almost gutted by the fire as the roof of the shop was blown off and wares worth millions of naira destroyed before the vigilante operatives were able to quench it.

"This is wicked act and I have to call the President General (PG) of Anambra State Markets Amalgamated Traders' Association (ASMATA), Chief Humphrey Anuna, for necessary action and he came immediately.

 "We have interviewed the man to know why he did that and he told us that there was a time they stole his goods and nobody agreed to have stolen the goods which prompted him to contact a native doctor who gave him charm that he would use to set the market ablaze in retaliation.

"When the news of the incident filtered into the ears of the traders, they rushed to the market and were about to set him ablaze alive but the PG and I pleaded that we should not take the law into our hands," he further explained.

The PG on his part corroborated the view of the market chairman, saying that due process should be taken to avoid being blamed for taking the law into their hands.

"We are going to Awka to hand over the suspect to the police. Due process must be taken, we should not take the law into our hands so that we will not be blamed for our unlawful action," PG said. (MOI).

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