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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FIRE RAZES AGBENI MARKET IN IBADAN. (PHOTO).

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Fire razes Agbeni market in Ibadan. 

An early morning fire on Sunday razed popular Agbeni market in Ibadan, Oyo State. Reports have it that the fire started at about 04:30am, on Sunday. The cause of the fire is yet to be determined.

When contacted, the state General Manager of Fire Services, Yemi Akinyemi, confirmed the incident, saying “we received the distress call at exactly 04:37hrs through Sunday Ogundele, Access Bank security that Agbeni market is on fire.

“Our men are still battling with the job, we are grateful to Central Bank of Nigeria that allows us to use their water supply. Everything is under control. They are still going to CBN to replenish”, he confirmed. 

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