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

SUSPECTED PHONE THIEF SET ABLAZE IN CALABAR. (PHOTO).



Suspected phone thief set ablaze in Calabar 

10 April 2023 

A 22 years old boy simply identified as Eyo, has been set ablaze by an angry mob at Esu street off Edim Otop street , Atimbo , Calabar Municipality LGA of Cross River state.

An eyewitness who pleaded anonymity said that Eyo stole the android phone yesterday evening and vanished only to resurface Sunday morning to meet his waterloo.

According to multiple sources, Eyo who resides around Second transformer, Inyanghasang has been involved in petty stealing for a very long time.

“I have known Eyo from secondary school, he has always been stealing,  there was a time he stole half of the class school fees.

“Even as we grew into our 20s , Eyo  became audacious in stealing and more notorious, he was always caught stealing, this is not the first time they tried to mob him, it’s unfortunate that he got unlucky today.

“They started beating him with cutlass and gave him deep cuts before setting him ablaze, funny enough, it’s just for stealing an android phone,” the source said.

When contacted, the Police Public Relations Officer,PPRO,  SP Irene Ugbo who  confirmed the incident to Vanguard said it was unlawful for anyone to take law into their hands .

Ugbo added that the rightful thing to do was the report the suspect to the nearest police station and him over instead of killing him in the most gruesome manner.

“The mob action action against the suspect was illegal, barbaric and highly unacceptable, he should have been handed over to the police,” she said.  


 

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